The Market

offer of the day – 2018 l’Arlot

By billn on March 23, 2020 #the market

In my inbox – I offer the comparison with the previous prices (in brackets) of the 2017s, 2016s, and 2015…

Domaine de l’Arlot

Nuits-Saint-Georges Mont des Oiseaux 1er Cru 2018 75cl 69.50 (59.00, — 59.00)* Swiss Francs
Nuits-Saint-Georges 1er Cru ‘Hors Ligne’ 2018 75cl — (79.00, —, —)
Nuits-Saint-Georges Clos de l’Arlot 1er Cru 2018 75cl 88.00 (85.00 85.00, 79.00)
Nuits-Saint-Georges Clos Forêts St-Georges 1er Cru 2018 75cl 88.00 (85.00 85.00, 79.00)
Nuits-Saint-Georges Clos Forêts St-Georges 1er Cru 2018 150cl 181.00, (175.00, 175.00, —)
Vosne-Romanée Les Suchots 1er Cru 2018 75cl 129.00 (119.00, 119.00, 109.00)
Vosne-Romanée Les Suchots 1er Cru 2018 150cl 263.00 (—)
Romanée Saint Vivant Grand Cru 2018 75cl — (—, 486.00, 445.00)

*Note that 8% sales tax is also due, but the delivery cost is included…

offer of the day – william fevre 2018

By billn on March 18, 2020 #the market

From my usual Swiss importer source. The prices of the 2017s, 2016s and 2015s from previous years are in brackets for you to compare (— means not offered). If you’ve read my 2018 Chablis report, you will know which ones of these I covet!

DOMAINE WILLIAM FEVRE CHABLIS 2018
CHABLIS Village 75cl 22.00 (22.00, 22.00, 19.00) Swiss Francs*
PREMIERS CRUS
CHABLIS Montée de Tonnerre 75cl 48.00 (48.00, 45.00, 42.00)
CHABLIS Vaulorent 75cl — (54.00, —, —)
GRANDS CRUS
CHABLIS Preuses 75cl 78.00 (78.00, 75.00, 65.00)
CHABLIS Preuses 150cl 161.00 (—)
CHABLIS Bougros Côtes de Bouquerots 75cl 79.00 (79.50, 79.00, 65.00)
CHABLIS Les Clos 75cl 94.00 (89.00, 89.00, 75.00)
CHABLIS Les Clos 150cl 193.00 (—)

Relatively a steady period for the prices here – unless you’re a Les Clos buyer – despite advantageous yields in 2018.
*The prices are ‘delivered’ but will attract another 8% Swiss purchase tax.

no records for the hospices de nuits…

By billn on March 10, 2020 #the market

But still a satisfying result!

The auction of the Hospices de Nuits:

Before the sale there were many questions; would buyers come? How would the Trump-tax affect sales? How will the backdrop of coronavirus make itself felt? In the end, the buyers did come but largely, the newer Asian buyers chose not to make the trip – presumably due to virus worries.

The 59th Hospices de Nuits auction can consider itself a good one – not reaching the heights of the 2018 sale (the 2017 vintage delivered many barrels and 1.750M €) – but 1.60M € this year versus 1.475M € in 2019 left smiles on the faces of the organisers.

The result itself, per barrel, was better than it first seems as there were fewer barrels this year than in 2019 – the ‘correct‘ prices supported by good sentiments over the quality. So a modest price increase and a good sale for the Hospices de Nuits.

offer of the day – domaine ferret pouilly-fuissé 2017

By billn on March 09, 2020 #the market

If for no other reason than that the price has hardly risen (here in Switzerland) for the last 10 years – see here – this must be a great value set of wines!

POUILLY-FUISSE Tête de Cru Les Perrières 2017 75cl 42.00 (*Swiss francs)
POUILLY-FUISSE Hors Classe Les Ménétrières 2017 75cl 52.00

*Delivered price, but Swiss purchase tax is still to be added – just under 8%.

offer of the day – Jacques Prieur 2017 & 2018

By billn on March 03, 2020 #the market

I think the last offer that I saw from this local merchant was for the 2010s – so bit of a pause!
So the first price is for 2017, the second for 2018 and one in brackets, for comparison, is from 2010. — means ‘not offered…’

Vins blancs
PULIGNY-MONTRACHET Les Combettes 75cl 89.00*, 89.00 (66.00) *Swiss Francs
MEURSAULT Perrières 75cl 149.00, 149.00, (99.00)
CORTON CHARLEMAGNE 75cl 229.00, — (129.00)
CHEVALIER-MONTRACHET 75cl —, — (209.00)
MONTRACHET 75cl 598.00, — (399.00)

Vins rouges
BEAUNE Champs-Pimonts 75cl 48.00, — (29.80)
BEAUNE Grèves 75cl —, 59.00
VOLNAY Santenots 75cl —, 79.00 (56.00)
VOLNAY Clos des Santenots 75cl 109.00, 118.00 (69.50)
CORTON Bressandes 75cl 125.00, 129.00 (109.00)
CLOS DE VOUGEOT 75cl 129.00, 135.00 (118.00)
CHAMBERTIN 75cl 389.00, 389.00 (179.00)
ECHEZEAUX 75cl 399.00, 399.00 (179.00)
MUSIGNY 75cl 598.00, 598.00 (249.00)

As always, these are delivered prices, but excluding the Swiss purchase tax of almost 8%. The Corton and Clos de Vougeot seem like relative bargains when you consider how little their prices have appreciated!

the inevitability: grands jours de bourgogne cancelled

By billn on March 02, 2020 #the market#warning - opinion!

Grands Jours de Bourgogne 2020

Given the backdrop of coronavirus infections, I think that for almost 2 weeks now, there has been a creeping inevitability that the Grands Jours de Bourgogne would have to be cancelled or postponed. The once every two years gathering in Burgundy for tasters and wine ‘professionals’ would have to fall into line with not just the politics of the moment, but also reality; what could be worse than 1,000 people meeting together in one large space – how about only 100, but all spitting into ‘communal’ spittoons? – The red trousers won’t save you there!

Large sporting events, the Geneva Motorshow and local festivals have all been cancelled in the last 10 days. Then, at the end of last week ProWein was cancelled (postponed?) and VinItaly in April must be a large doubt. In the end, it really seemed inevitable!

Of course, it’s a shame for anyone who may lose money over this – if you have flights or hotels that seem reluctant to reimburse – but I think that’s a better outcome than reacting insufficiently well to treatment in a hospital!

I’m personally down by 14 different tastings – so I’ll have less for my March Report – but I am still planning to make the trip for my appointments at the end of March – private appointments are no different to visiting your local supermarket – today, anyway. Still, I’m yet to see a successful ‘spitter’ wearing a mask!

Dear customers, dear partners,
As you know, the Covid-19 epidemic currently affecting our planet has taken on a new dimension in Europe and more locally in France.
The last known elements as well as our exchanges with local authorities enabled us to make an informed and responsible decision.

We are no longer able to offer the expected health and safety conditions to our visitors and exhibitors. It is therefore with a heavy heart that we inform you that the Grands Jours de Bourgogne 2020 event, initially scheduled for March 9 to 13 will not take place.

We are aware of the impact of this decision on the agendas and activities of each of you but our priority is and will always remain the health of every one.

We thank you for your confidence and hope to see you soon on other events honoring Bourgogne wines.
Sincerely Yours,
The executive board of the Grands Jours de Bourgogne

ouch

By billn on February 26, 2020 #the market

This email just landed in my inbox. It seems we are getting ever-closer to the £100 villages wine – from a vintage of modest repute too – so is that over £350 in a restaurant? When, then, am I supposed to drink all of my Clos St.Jacques and Griotte from this domaine?* I remember when the Clos St.Jacques was £300 for 12 and from this same merchant too!

*You know that’s a rhetorical question – I’ll surely be opening them for my next Boeuf Bourguignon!

Fourrier 2013 villages Gevrey

[Edit] As semi-balance, I note another UK merchant offering 2018s at practically a reasonable price “Gevrey Chambertin Vieilles Vignes, Domaine Rossignol-Trapet 2018 – £315 per 12 bottles and £350 per 6 magnums” Despite the UK tax that you will need to add, that’s a bargain – I thought it a ‘great wine‘ for its label when tasting back in July…

on the move – Boris Champy…

By billn on February 05, 2020 #producer update#the market

Hot off the press: Boris Champy, after leaving Clos du Lambrays, has just announced that he’s taking over the domaine of Didier Montchovet in the Hautes Côtes.

Apparently Didier, one of the first in biodynamics in Burgundy, had no succession at his domaine and together with Boris, they decided that this was the best way to continue the domaine. Hopefully more info later in the year – first-hand.

Domaine Montchovet, Key facts
– Created in 1984 by Didier Montchovet
– 12 ha mostly in Nantoux, Beaune and Pommard
– Certified Organic and Biodynamic viticulture (Ecocert/Demeter)
– 4 employees
– Website: www.montchovet.fr

offer of the day – thibault liger-belair 2017s

By billn on January 30, 2020 #the market

Domaine Thibault Liger-Belair 2017 EP/Pre-Arrivals

Prices arrived today from my Swiss merchant. The 2016 & 2015 prices (from the same time, previous years) are in brackets for comparison. This year the Richebourg returns, still no Beaujolais though! :

2017 NUITS-SAINT-GEORGES La Charmotte 75cl 52.00* (55.00, 49.50) (Swiss Francs)
2017 CHAMBOLLE-MUSIGNY 75 cl 69.00 (69.00, – )
2017 VOSNE-ROMANEE Aux Réas 75cl 69.50 (76.00, 69.50)
2017 NUITS-SAINT-GEORGES Les Saint-Georges 75cl 119.00 (118.00, 109.00)
2017 NUITS-SAINT-GEORGES Les Saint-Georges 150cl 248.00 (256.00, – )
2017 CORTON CLOS DU ROI 75cl 159.00 (159.00, – )
2017 CLOS DE VOUGEOT 75cl 159.00 (169.50 (158.00)
2017 Charmes-Chambertin 75cl 169.00 ( – , – )
2017 RICHEBOURG 75cl 425.00 ( – , 395.00)
2017 CORTON-CHARLEMAGNE 75cl 189.00 (198.00, – )

So, almost a softening – versus 2016 at any rate! I remember when I moved to Switzerland in 2000, I was buying grand crus for 69 chf – the price of Thibault’s villages today. I know my salary would not have doubled (equivalent job) in 20 years, but I ask myself if the prices are really all that bad for 20 years down the line. Comparing Richebourgs, Grivot’s version was 170 chf 20 years ago – jumping to a massive 230 chf for the 1999 – I’ve still never had a great Richebourg from Grivot, but hope my 1999s will (one day!) show something special, the 1998 is ‘okay’ the 1997 is poor.

*As always, these wines are without the 8% Swiss purchase tax, but include the cost of delivery…

Burgundy Report

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