vintage 2005: price movements

Update 1.5.2010(4.1.2007)billn

Whilst they are far from commonplace, some producers are looking to extract a little extra from the consumers for this vintage. I have already forward purchased from several producers with prices at, or below, 2004/2003 levels, but some are going the other way: I am exhorted by a swiss merchant ‘attention – quantities are low’, but to restore the universal balance I see just in time that the prices seem too high

  1. Bourgogne Rouge @ 31 chf
  2. Gevrey (village) @ 73 chf
  3. 4 1er Crus @ 116 chf
  4. Clos de Vougeot @ 232 chf

Oh, and I must add 7.6% tax…
For your background information these local prices are close to double what other good producers charge. This is a well-known domaine with a great reputation, but with new/untested viticulture and elevage. Frankly, a joke – no bottles will be purchased chez nanson…

Agree? Disagree? Anything you'd like to add?

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