First there was Henri Boillot 2008, then Leflaive 2008 – though apparently the latter didn’t like seeing it in print here – now, fresh in it’s Louis Latour 2009.
20% sounds a lot, but it only brings prices roughly back down to (depending on who) vintage 2004 levels, and let’s not forget that some increased their prices already in 2002, 2003 & 2004 – a good vintage followed by two ‘short’ vintages.
Many producers are ‘hurting’ and expect no respite until they launch their 2009s – who can blame them if EPs are ‘well-priced’ – many need the cash!
Neither the harsh filter of youth nor the frequently traumatic growing season betray the irreversible beauty of these 2007s. They possess grace, a rare quality in even great wines that combines a delicate but persistent richness with purity, elegance, concentration and length.
Source: Corney & Barrow
Of-course not all producers are suffering, some domaines get cash up-front from their local distributors, and need have little consideration for the general economic cycle – That will be Domaine de la Romanée-Conti then!
With yields of 26-32 hl/ha for their reds (38 for Le Montrachet) the yields are a little above average, and quite a bit higher than they achieved for the 2008 vintage.
There are 2 responses to “offer of the day – DRC 2007 & 09 en-primeur price-drop…”
I always wondered why I didn’t drink more of these………
DRC is VERY sensitive about prices. It seems they have prevailed on Corney & Barrow, their UK agents, not to list any DRC wines on C&B’s brokerage list. I bet there’s a lot of it, because the bankers and brokers in the City of London are big C&B clients, and lots of them suddenly found themselves cash strapped recently.