Le Pin rounded off the Bordeaux 2018 sales campaign this month with a release of its wine at 1,450 euros ($1,650) a bottle ex-negociant, up 21 percent from the opening price for the 2017 vintage although below the price for which physical wines from its 2016, 2015, 2010 and 2009 wines are available, according to data on London-based wine market Liv-ex's website.
Pomerol vineyard Le Pin. Photo: Guy Collins
Vieux Chateau Certan, another Pomerol producer, put its wine on sale at 210 euroe a bottle, up 25 percent from the 2017 release, although the amount of stock coming to market was 15 percent less than last year, Liv-ex said.
``While there was a marked improvement in the quality of this year's releases compared to last year's, for some merchants few stood out as a `must buy,' Liv-ex said in its Bordeaux 2018 En Primeur Report.
Chateau Cheval Blanc in Saint-Emilion released its wine at 528 euros a bottle ex-negociant, up 22 percent from 2017, while nearby Chateau Figeac relased at 174 euros a bottle, up 45 percent from 2017. Chateau La Conseillante, just over the appellation boundary in Pomerol, put its wine on sale at 162 euros a bottle, up 35 percent from the 2017 opening price.
Among left-bank first-growths, Chateau Lafite-Rothschild put its wine on sale at 470 euros a bottle ex-negociant, a price which Liv-ex said resulted in it being offered to the U.K. trade at 6,000 pounds ($7,600) per 12 bottles, up 23 percent in sterling terms from the 2017 release price.