The 4 Wines of 2013

Look forward to these wines trending big time in the new year

 


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Bordeaux

Take for example Bordeaux, the poster child for speculative excess and pricing bubbles in wine. The Chinese market pushed prices for the top Bordeaux, in particular Lafite and all wines associated with Lafite such as their second label Carruades de Lafite as well as their sister property Duhart-Milon, to unsustainable highs. The LIVEX Bordeaux 500 chart shows this run up, and the subsequent sell off of Bordeaux from 2010 through the present day. As you can see, there has indeed been quite a drop from the peaks of 2011, but this broad index of 500 top Bordeaux Chateaux still registers a gain of 25% from 2010 through the end of 2012, an impressive return.

So what does this have to do with people buying and drinking Bordeaux? A little and a lot. The pricing not so much, but the importance of Bordeaux and the prominence it holds when talk turns to wine, well that’s priceless, to steal a phrase. Ask someone about fine wine and chances are good that they’ll know of Bordeaux. Perhaps nothing specific, just that Bordeaux is associated with fine wine. That is about the best branding one can expect to get, casting the die for what is to come.

Bordeaux image via Shutterstock

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Comments

  • Re: Riojas. I've had many crianzas and reserves in the past decade and don't think the reserves scale proportionately tastewise vs price. In fact, I think some of the $ 13-18 formers are better than their $ 35-40 latters.

    Jan 04, 2013 at 1:41 AM


  • Snooth User: Juancar
    1167110 64

    Well I know very well the Riojas,and some like the Monte Real from Bodegas Riojanas don't have price,are wines excepcionals in all their dimension,when you can drink a wine with 15 years and don't feel that years in your palate this is a fantastic experience from wines that everybody like.

    Mar 05, 2013 at 8:20 PM


  • Snooth User: mark holys
    1176343 36

    Some of the best wine perspective and plain journalistic truth that I have read in some time. Of course, agreement does cloud objectivity, but as a wine professional in the restaurtant industry where revenue driven employers demand meeting 'the bottom line', I too have been relegated to schmuck status in the discharge of my responsibility to my client community in quality and value in my recommendations. I am impressed with Mr. Dal Piag's acuity and the depth of his global view. I pride myself in same and invite discussion regarding this topical theme. m.holys@yahoo.com
    Mark-Steven Holys.,...LinkedIn

    Mar 08, 2013 at 9:09 PM


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