Wine Spectator: 2017 Bordeaux Futures Wind Down With Merchants Reporting Low InterestJune 25, 2018
Bordeaux’s 2017 futures campaign is winding down quietly. Top wineries did cut prices, significantly in some cases. Overall the 2017 campaign saw average drops ex-négoce of 10% to 20%, a sign that châteaus understood the need for discretion this year. Even with dramatically reduced quantities in some areas (frost damage was not evenly distributed across the region), the overall quality of the vintage isn’t enough to support prices near 2015 and 2016 levels, two vintages that are markedly better. The question now is: Will the end consumer bite? Wine Spectator has more.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.