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Showing posts from November, 2016

En Primeur - is there still a market in the UK?

It's EP season, the time when merchants send out offers for wines which, in the main, have not yet been bottled. Prices are a little confusing to novices, priced without duty or VAT so the trick is to add £25 then divide by ten to reach the per bottle price (although an allowance should be made for onward delivery).

I had thought that Bordeaux had killed off much of the EP market. The outrageous opening prices demanded by some chateaux certainly slowed things down; I know The Big Red Wine Company is not a reliable gauge, given that I work with just one Claret producer, but in 2009, pre-shipment sales of Cahors estate Chateau du Cedre were more impressive than those of Chateau Teyssier.

So why should anyone buy EP? Traditionally, price and availability were the reasons. If you want a particular wine in a particular vintage at the best price, your best bet is to throw your hat in the ring at the earliest opportunity. Wine prices tend to go only in one direction and, as availability …