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Tom Portet’s Market Update - Bordeaux 2014 Vintage En Primeur

 

The 2015 En Primeur campaign, showcasing wines in barrel from the promising 2014 vintage, is already presenting outstanding opportunity for collectors and consumers alike.  This is a fortunate campaign, as the historical benchmarking using proceeding vintages to assess value gives the 2014 a free kick.

The challenging vintages before it are well known. That said all of 2011, 2012 & 2013 will prove excellent value for those who simply can’t wait for the ageing of great claret to evolve into their graces over the coming decades. The primary point of wine remains to have them shared with friends, and they will be perfect for that.

So it is because of this that 2014 gives an obvious opportunity to those that subscribe to the sell high, buy low philosophy of the stock markets. Of the releases so far all of Ch. Beychevelle, Ch. L’Evangile and Ch. Palmer have worked to +/- 5% of their three year average.  And this for a vintage considered far better than her recent peers, and exceptional by the view that it competes in the top third of the last 15 years – although time will be that judge.

Further news overnight (30/4) with the great Mouton Rothschild released. With a score of 98 from  Andrew Caillard MW and priced 14.5% below its 2011- 2013 average, this may be the ultimate collectors vintage and fantastic value.  We can only hope it continues as the campaign unfolds, and sanity proved possible from the owners of the Gironde. 

ABN: 77 159 767 843. New South Wales: Liquor Act 2007. No Alcohol can be sold or supplied to anyone under 18. It's against the law. License Number: LIQP770010303 Victoria: WARNING - Under the Liquor Control Reform Act 1998, it is an offence: To supply alcohol to a person under the age of 18 years [Penalty exceeds $19,000]; For a person under the age of 18 years to purchase or receive liquor [Penalty exceeds $800]. License Number: 32055289