- Location
- Aldeburgh
Angludet first out of the traps.
ive promised myself 100% (tautology I know)to buy nothing this year.
ive promised myself 100% (tautology I know)to buy nothing this year.
I would see Batailley as a smaller property. Even so, I would be amazed to see any bordeaux property reduce prices by 30%. As I was taught in business far too many years to remember it is far easier to drop prices than raise them!I don't think it's reasonable to expect 30% off the smaller properties. They just don't have the scale to do that.
Batailley out on Monday I expect £165 per 6 IB (last year £185) - which would be about 13% in euro terms and 12% in GBP terms
Probably because we've been moaning so much about pox'd Burgs. Joking aside though I've seen, and made, plenty of moans about Burgundy prices here.It astonishes me how this forum moans far more about claret prices than burgundy prices.
I would see Batailley as a smaller property. Even so, I would be amazed to see any bordeaux property reduce prices by 30%. As I was taught in business far too many years to remember it is far easier to drop prices than raise them!
It astonishes me how this forum moans far more about claret prices than burgundy prices. Get with the reality chaps we're not going to make money on the backs of other people's endeavours quickly like we did 16 or more years ago!
That's still over £35 on the table. A pointless purchase when Costco will cellar one for you and sell it for less in a couple of years.I don't think it's reasonable to expect 30% off the smaller properties. They just don't have the scale to do that.
Batailley out on Monday I expect £165 per 6 IB (last year £185) - which would be about 13% in euro terms and 12% in GBP terms
05 was the watershed year for me. Before then prices were always to the low side. They had a bit of a wobble in 08 when they had a bit of a wobble in confidence, that they couldn't achieve top dollar, even then they were double 04.Bordeaux seems to be able to raise its prices quite easily Sean, think of 2008 to 09, 02 to 03, 04 to 05 etc.
Not if you want halves or magnums. And £35 I think is still value in absolute termsThat's still over £35 on the table. A pointless purchase when Costco will cellar one for you and sell it for less in a couple of years.
Just what I’ve seen in the mail outs. Obviously not every producer can do that because their prices are already at the lower end.I don't think it's reasonable to expect 30% off the smaller properties. They just don't have the scale to do that.
Batailley out on Monday I expect £165 per 6 IB (last year £185) - which would be about 13% in euro terms and 12% in GBP terms
Surely that only applies to vintages since 2016, Trevor?A pointless purchase when Costco will cellar one for you and sell it for less in a couple of years.
Since the same article also refers to buying EP as 'investing' in 'wine futures', perhaps the title of this thread should be changed to Bordeaux spread betting 2023 and maybe even include some sort of warning?...we are a wine merchant, not a regulated financial institution and therefore urge you to seek advice from your accountant or an accredited financial advisor if you have any questions about buying wine en primeur.
The nature of these products carry a higher risk of loss than trading many traditional instruments. As such our products may not be suitable for everyone. You should not trade any margined product unless you fully understand all the risks involved with doing so and that you have sufficient resources available to you that in the event, however unlikely you may deem it to be, that there is an adverse movement in the price of that product that you can meet the financial obligations required by you with respect to margin payments and losses.
It seems that wine is no longer a lovely accompaniment to a nice meal.Surely that only applies to vintages since 2016, Trevor?
From an email glanced through this morning:
Since the same article also refers to buying EP as 'investing' in 'wine futures', perhaps the title of this thread should be changed to Bordeaux spread betting 2023 and maybe even include some sort of warning?
I noticed that, the other offer in the inbox so far was 167/12 halves.Batailley released at £324/12 IB at one well known broker. Lots of different formats. Quite a premium for halves at £182/12 I thought.
Almost bang on Tom £162 per 6 IB.I don't think it's reasonable to expect 30% off the smaller properties. They just don't have the scale to do that.
Batailley out on Monday I expect £165 per 6 IB (last year £185) - which would be about 13% in euro terms and 12% in GBP terms
A lot are giving estimates. Just seen an Email saying Pontet Canet will release between 360 and 540 a six pack! So merchants are clearly guesstimating to generate pre-release sales.Tanners briefly showed Batailley at £144/6 on its website. It was adjusted upwards pretty quickly.
I think this was a genuine mistake by whoever was inputting prices on their website.A lot are giving estimates. Just seen an Email saying Pontet Canet will release between 360 and 540 a six pack! So merchants are clearly guesstimating to generate pre-release sales.
Enough to make you bite, Ian?A 47% reduction, now we are talking