So we have a week to collect ourselves during Vinexpo, Bordeaux’s wine trade fair that runs this week, to assess just where we are with the controversial release prices of the 2010 Bordeaux vintage. If you thought prices for 2009 were a bit heady then so far the prices of some 2010s have been eye-watering. In certain notable cases prices are up 40% year on year and that on top of similar increases last year. You wonder why Bank of England chief Mervyn King is losing sleep about the UK’s paltry 4.5% inflation rate. Small beer Merv, get with it. Bordeaux’s up ten times as much.
Posts Tagged ‘Lea & Sandeman’
Well, we are waiting with baited breath for the releases of the first growths in 2009. I’ve read that London’s Farr Vintners report that Chateau Lafite-Rothschild is already ‘pre-trading’ at £10,000 [$15000] a case. Blimey. I guess when you’ve got a worldwide army of wine investors chasing your wine that’s what happens. If Lafite is releasing anything near these prices you can bet Chateau Margaux and Chateau Latour will be up there too.