Bordeaux 2010: new ‘benchmark’ for high prices

april 20,2011

The indications are that Bordeaux 2010 will be a memorable vintage on both the right and left banks – and that while prices will be higher than last year, Bordeaux lovers will find something at all levels.

Steven Spurrier, Decanter’s consultant editor, suggested that with this vintage and the equally-memorable 2009, a new benchmark will have been set for the cost of the wines at the top level.
‘The chateaux have seen their prices accepted: the ceiling has broken and a new one has been established.’
Spurrier’s view is that opening prices of around $400 for first growths, €120-€150 for ‘Super Seconds’ like Cos d’Estournel and Montrose and €50 for highly-regarded lesser growths like Branaire Ducru and Langoa-Barton are now the norm.
‘We will see solidification. I don’t think the chateaux want speculation this year. I think they will release at 5-10% more than last year, and I think they’ll do it quickly – well before Vinexpo in June.’
In Bordeaux there’s little doubt that the wines will be as expensive as last year.
‘There is a consensus in the wine trade that it is very unlikely that prices will come down on last year, and likely that they will stay the same,’ Jean-Guillaume Prats at Cos d’Estournel told Decanter.com.
He also said that if there’s an increase, it will ‘probably be accepted’, pointing out that merchants were riding high on the boost the excellent 2009 had given lesser vintages that were proving sluggish like 2008 and 2007, and that they had seen the prices of many other vintages go up.
The UK wine trade agrees, and does not seem to be phased by the prospect of selling 2010 – indeed, the quality of the vintage meant that smaller properties would be the most interesting.
Tim Parkins of Stokes Fine Wines, for example, said 2010 is ‘a vintage we can do business with’, namechecking ‘entry level’ wines like the Cru Bourgeois Chateau Sénéjac as examples of properties that would sell well.
Anthony Tindal of Dublin’s Tindal Wine Merchants was ‘enthused’ by the quality of the vintage and said he would be buying ‘more wines than last year’, looking at the St Emilion ‘satellite’ appellations Lussac, Montagne, Parsac, Puisseguin and St Georges.
Matthew Hemming of Averys of Bristol said he was ‘circumspect’: price was an issue, but his top private buyers had already indicated to him that they would buy.
Stephen Williams of the Antique Wine Company thought Bordeaux ‘would see no reason to drop prices’ though ‘they would not dare raise them while the economic recovery remains fragile.’
When all the scores are in, and if the vintage turns out to be as well-received – at all levels – as Bordeaux hopes, then being priced out of the top wines may not cause too much pain.
As Spurrier said, ‘There are lots of wines that I have always bought that I now can’t afford or don’t want to afford. I won’t be buying Leoville Barton or Grand Puy Lacoste this year.
‘But that’s no problem as there are so many good wines coming up to take their place.’

Source: http://www.decanter.com/bordeaux-2010/en-primeur-coverage/522323/bordeaux-2010-new-benchmark-for-high-prices

Foodies and wine lovers travel north from Manila to wine and dine at Philippines’ best fine dining restaurant in Pampanga Clark Freeport worth the 60-minutes drive for a memorable evening of good food with vintage wine at Yats Restaurant & Wine Bar

This fine dining restaurant is also famous for its low carbohydrates “low carb” dishes highly recommended for frequent diners who are on a low fat food and favor healthy food. This is a unique restaurant that can help frequent diners maintain a healthy diet and enjoy delicious fine dining cuisine at the same time. Vegetarian dishes are a specialty here also and so are “halal” cuisines also.

Favorites of frequent diners, foodies and wine lovers are steaks, Wagyu, Foie Gras, lobsters, venison, kangaroo loin, osso buco, veal chops, Kurabuto pork, escargots and a good selection of cheeses to enjoy with fine Vintage port and Sauternes. Cuban cigars such as Monte Cristo, Cohiba, Upmann, Partagas, Romeo Julieta and Trinidad are also available in the Magnum Room which is a wine bar and lounge for before and after dinner relaxation. A good selection of Armagnac, Cognac, Single Malt, Vodka and other liquor is served in addition to the wine vintage wines some served by the glass.

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Inquiries and reservations

Restaurant@Yats-International.com

(045) 599-5600
0922-870-5178
0917-520-4401

Ask for Pedro and Kiko

Http://www.YatsRestaurant.com

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How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.

Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Angeles City Clark Freeport Zone, Pampanga, Philippines 2023

Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay

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