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Cos d'Estournel Prices 2016 Vintage at Same Level as 2015

April 24, 2017

Chateau Cos d'Estournel, a second-growth Saint Estephe producer from the Medoc region north of Bordeaux, priced its 2016 vintage at 120 euros ($130) a bottle ex-negociant, in line with its 2015 release price, according to data collated by the London-based Liv-ex wine market. 

It was put on sale at 1,400 pounds ($1,791) per 12-bottle case by London merchants, up 10 percent in sterling terms from the 2015 vintage, according to Liv-ex data posted on its website. That reflected the decline in the pound against the euro since the United Kingdom's vote on June 23 to leave the European Union. 

The price makes 2016 the most expensive vintage of Cos d'Estournel currently on the market since the 2010, and of the past 12 vintages it is only surpassed in current market price by the 2010, 2009 and 2005 wines, according to Liv-ex data. 

Cos d'Estournel is a close neighbor of both Pauillac first growth estate Chateau Lafite Rothschild and Saint Estephe producer Chateau Montrose. 

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