Wine News 

Bordeaux '17 Under Pressure as Critics Assess Vintage in Bottle, Liv-ex Says

October 29, 2019

Chateau Lafleur, Pomerol. Photo: Guy Collins


Bordeaux 2017 prices remain under pressure as critics start to assess the vintage now that it has become available in bottles, with numerous wines ``readily available at opening prices'' in Bordeaux, according to the London-based online wine market Liv-ex's blog. 

Average prices during the en primeur campaign for the 2017s  fell almost 12 percent from the more highly rates 2016 vintage, while volumes sold fell 60 percent, according to Liv-ex. 

Since the sales campaign in the spring of 2018, six months after the harvest, prices have on average drifted down 1 percent, broadly in line with the wider Bordeaux 500 Index. That however masks significant gains by a small number of top brands, and declines by many others.

Chateau Lafleur 2017 has risen 57 percent since release, according to Liv-ex, while Petrus 2017 has risen 48 percent, Le Pin is up 33 percent and two second wines of left-bank first growths, Carruades de Lafite and Petit Mouton are up 37 percent and 8 percent respectively. 

Leading decliners include dessert wines Chateau Suduiraut, Chateau Coutet and Chateau Rieussec, down 42 percent, 30 percent and 11 percent respectively, while among leading red wines of the vintage, Chateau Mouton-Rothschild and Chateau Pavie have fallen 10 percent, Chateau Margaux 9 percent, Chateau Palmer 8 percent and Chateau Duhart-Milon and Chateau Montrose both down 7 percent, according to Liv-ex. 

``Interest in the vintage was very focused on the First Growths and the most popular brands'' Liv-ex said. ``The majority of releases struggled.''

Bordeaux 2017 wines were on show this month to the international trade in both Bordeaux and London, and will be available more internationally for tasting in coming months on road shows in the U.S., Asia and continental Europe. 




 

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