Denis Dubourdieu is a professor at the University of Bordeaux and a top oenologist. He is also a consultant, scientist, owner and wine maker of Doisy Daene and Clos Floridene. He is very well positioned to comment on the quality of the 2011 Bordeaux vintage, or at least on the prevailing climatic conditions that largely dictate what the individual winemakers at the various Chateaux can work with.
Making fine wine even more accessible – meet Ben Grosvenor.
From the very early days, Ditton Wine Traders have always had a very clear purpose: to offer the best wines at the lowest prices. It’s a way of thinking. It’s in our genes. We thoroughly believe that offering amazing wines at very hard to beat prices is the best way to make our customers happy. Hence our motto: “making fine wine accessible”.
They were expected to be high, but the 2009 scores released on March 1 by Robert Parker have exceeded the highest expectations.
"Not a myth but mythical" is Parker's subtitle for his Bordeaux 2009 review. Indeed. He goes on to say "In short, 2009 is the greatest vintage I have tasted in Bordeaux since 1982". He backs this up by awarding no less than 18 Bordeaux reds, and 1 white, the perfect score of 100 points.
After 6 months of continuous falls in price, the market now seems to have turned a corner. The Liv-ex 50 has stopped its decline and is indeed edging back up.
On a longer and more important timescale, this is reflected in the Liv-ex 100 as well:
As you will know from our previous blogposts, the EU and India have been trying to reach consensus on signing a Free Trade Agreement, which could have a significant impact on the (fine) wine industry. Hopes were high that, after 4 years of negotiating, an agreement would be signed last week.
Can we expect a boom in Indian fine wine imports?
There has been an avalanche of reports in the media lately, social media included, about falling demand for Bordeaux wine. Often suggesting that China has fallen out of love with Bordeaux, that it would now be all about Burgundy and that Bordeaux wine prices have but one way to go: South.
It seems to be fashionable these days to engage in a bit of “Bordeaux Bashing”. “Bordeaux would be out of fashion. Grossly overpriced. The bubble has burst. Nobody wants overpriced Bordeaux. Burgundy, even Rhone and Italy is what people want. Sell sell sell”.
December was a tough month for the fine wine trade. Signs were starting to point in the right direction and most economists and financial analysts became more optimistic on the Euro surviving.