Photo: Guy Collins
A spate of releases from Bordeaux wine estates in recent days has seen the frost-hit 2017 vintage priced at between 7 percent and 20 percent below the release level of the more consistent 2016 wines, according to data collated by the London-based online wine market Liv-ex.
After Chateau Palmer, a Margaux third-growth estate, set an early benchmark last month by pricing its 2017 wine at 192 euros ($234) a bottle ex-negociant in Bordeaux, 20 percent below its 2016 release price of 240 euros, recent pricing announcements have reflected more modest decreases.
Chateau Langoa Barton, a third-growth Saint-Julien, priced its 2017 vintage at 31 euros a bottle ex-negociant, down 15 percent from the 2016 release price of 36.60 euros, according to Liv-ex, while Chateau Branaire-Ducru, in the same appellation, also reduced its 2017 price by 15 percent relative to 2016 to 33.60 euros a bottle.
Chateau Pape Clement, Bernard Magrez’s flagship wine estate in Pessac-Leognan, on the southern outskirts of the city, set its 2017 price at 61.20 euros a bottle ex-negociant, 7 percent below its 2016 release level, according to Liv-ex.
Most of the leading estates have still to declare their hand, more than three weeks after the global wine trade descended on the region for the annual ``en primeur’’ barrel tastings. Several critics have published scores in the interim, helping to shape expectations for the sales campaign just getting under way.
Neal Martin reserved his top range of scores of 95-97 points for Chateau Lafite Rothschild, Chateau Eglise Clinet and Chateau Lafleur among reds and Chateau d’Yquem and Chateau Doisy Daene among sweet whites, according to Liv-ex. Other reds with a 94-96 score from Martin included Chateau Angelus, Chateau Ausone, Chateau Belair Monange, Chateau Cos d’Estournel, Chateau Haut-Brion, Chateau Hosanna, Chateau Latour, Chateau Montrose, Chateau Mouton-Rothschild, Petrus and Vieux Chateau Certan.
Julia Harding MW, reviewing the vintage for JancisRobinson.com, picked Chateau Figeac, Lafleur, Le Pin, Petrus and Vieux Chateau Certan for her top score of 18.5, with Ausone, Latour, Mouton Rothschild, Chateau Leoville Las Cases and Chateau La Mission Haut-Brion on 18, according to Liv-ex.
Lisa Perotti-Brown MW, Editor-in-Chief of Robert Parker Wine Advocate, gave her top score range of 97-100 to Cos d’Estournel, Lafleur and the dry white Chateau Haut-Brion Blanc, while her next level of 97-99 went to Ausone, Lafite Rothschild, Latour, Mouton Rothschild and Chateau Pavie.