Château Branaire-Ducru.
While merchants have reported strong collector interest in some Bordeaux 2022 en primeur wines, high release prices may not help the region’s near-term market momentum.
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Matthew O’Connell, CEO of LiveTrade at Bordeaux Index, said of the campaign: ‘I don’t recall any wines that I would describe as [released at] investible prices.’ Prices may rise in future, ‘but for something to be investible at the present time it has to be better value than other vintages’, he said.
Each estate has its own context, but he said the well-regarded 2020 and 2019 vintages were options to consider, as well as Bordeaux’s benchmark 2016 vintage.
Analyst group Wine Lister said Cha?teau Canon 2022 has ‘potentially strong investment potential’, given the lower-scoring 2020 vintage was up by 85% since release.
