Bordeaux 2011’s success in question due to high prices (France)

Unless prices come down, Bordeaux 2011’s en primeur risks being a big flop, merchants have warned. Experts agree that the higher than expected prices of Bordeaux 2011 are undermining the market’s confidence – only Lafite has sold well given it is more affordable than older vintages, reports Harpers Wine & Spirit. Donna Steyn, of Liv-ex, told Harpers: “Very few of the releases have been successful so far. Prices have not been reduced as much as they should have been and this has undermined the market’s confidence.”