Freixenet

SubscribeSubscribeHome NewsSubscribeIndian Wine NewsSubscribeGlobal Wine NewsSubscribeWine EventsSubscribeCommentarySubscribeWines to BuySubscribePhotograph GallerySubscribeSubscribe

« Wine Course option for Indians in Wine Country | Home Page | The Wine Society of India takes a trip to Nashik »

Bordeaux abuzz with the prices. Chateau Palmer at Rs. 150,000 a case

bordeauxprices.jpgBordeaux is abuzz - the sun is out, the coats, jumpers and gloves have been put away and everyone is at their sexy best as the temperature heads towards 30° C. Mouths are buzzing too over the ongoing release of the 2009 vintage of Bordeaux wines, comments Harshal Shah.

Most Bordelais I speak to appear to have an opinion on the 2009 wines. Those who have produced the 2009 Grand Cru wines are always smiling and positive. The rest of the folk tend to be more circumspect and even a bit annoyed over the whole affair. However, Bordeaux is not only about the Grand Crus and expensive wines. There are fantastic examples of well-produced, long-lasting red, white and sweet Bordeaux that are priced at well below €40 a bottle. The prestigious wines (Châteaux Margaux, Haut-Brion, Lafite et al) representing a miniscule percentage of Bordeaux wines are not comprehensively representative of all the wines of a region.

The marvellous third growth, Château Palmer has just been released ex-Bordeaux at a staggering €2,580/case. That's a tad under Rs 150,000! For 12 bottles of wine. And Palmer is only a third growth. The cost of the top names are equally mind-blowing. Châteaux Lafite-Rothschild, Margaux, and Mouton Rothschild are priced at €550/bottle with Haut-Brion at €600/bottle. These are all up more than 300% from the wines of 2008. Petrus and Cheval Blanc from the Right Bank are yet to release their wine prices.

Remember that these prices are ex-Bordeaux and the wines are still in barrels. When released, you will have to add on the profit of the merchant who sells it to you, the transportation cost, and in the case of India, the importer's mark-up and the restaurant/hotel's profit margin as well as the duties... I hazard we will never see 2009 Bordeaux on wine lists in India, unless they are donated from a private collector.

This is one of the problems of creating a hype that raises prices so high.


|

Related Posts with Thumbnails

News Archives

View by month: January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2011 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007

© Copyright. Consolidated Media Intl. All rights reserved.

News Search

Lijit Search
Sommelier India WINE MagazineTable of Contents

Subscribe Today!

Piper Heidsieck

Vinitaly

Sula

Oberoi

Kinvah

Kingfisher

Carl Bucherer

Winetage Investments

Reveilo

Advertise with us and reach thousands of influential wine lovers and professionals.