Chateau Margaux release confirmed up on 2009, Cos down, l'Evangile flat
- Monday 27 June 2011
Despite early reports that some merchants had bought Chateau Margaux 2010 at a lower price than 2009, we can now confirm that Margaux is now being offered by negociants at €600, a 9% rise on the 2009 ex-negociant price of €550.
Margaux’s second wine, Pavillon Rouge, is almost double the price of the 2009 vintage: €108 ex-negociant, compared with €60 for the 2009.
Mouton-owned Pauillac fifth growth Chateau Clerc Milon is €48 ex-negociant, an increase of 33% on 2009's €36.
Cos d'Estournel – the renowned St Estephe second growth whose 2010 is described by Steven Spurrier as more ‘controlled and classic’ than the ‘baroque’ 2009 - is €198 from negociants.
This represents a drop of 5.7% on the 2009 price of €210.
The releases follow that of Lafite-owned Chateau l’Evangile in Pomerol late last week, a surprise at €180 ex-negociant– the same price as its 2009 wine.
‘The reaction from our clients is good, even if they are surprised at the timing,’ Mathieu Chardronnier of negociant CVGB told Decanter.com. Most reported that it was selling well.