Decanter World Wine AwardsChateau 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.
Have your say!
Jonathan Farquar
June 28 09:37
They dont care wether or not prices will hold-up, they just want to milk it while it lasts, they are Fench afterall! The new world is the way to go, many wines are just as good and prices are more sensible.
Chris Foskey
June 28 01:32
The prices I have seen here in Australia are outrageos but also absurd I gave up buying Bordeaux a few years ago
I just feel sorry for the young winos coming up-they have no chance
It's all about egos & media hype,now
It might be a good idea to return to what is actually in the glass !!!
Renato Ferrari
June 27 19:19
absolutely right!
Nicolas P. Stämpfli
June 27 14:37
This is just a very, very sick game of absolut over-rated wines. I think it will not take many years till the bubble's going to explode.