
The banner year enjoyed by Bordeaux winegrowers in 2015 will allow the most prestigious chateaux to hike their prices by some 60 percent, equalling the great vintages of 2009 and 2010, experts said.
But the price tags on second-tier Bordeaux will rise only by between five and 35 percent, they added.
The boon follows a relative drought that saw only two vintages deemed "good" in the past few years, those of 2011 and 2014.
The ideal growing conditions of 2015 produced what wine critics called an "exceptional" vintage with prices to match.
The top grands crus -- a classification dating to 1855 -- are on average 56 percent dearer than in 2014, at around 600 euros ($685) a bottle in the wine shop.
"These are the luxury labels, in demand around the world," one dealer said, voicing annoyance at "Bordeaux-bashing" claims that the wines are over-priced.
The 2015 grand cru prices may shock, coming after a fall in prices following the spikes of 2009 and 2010, said Thomas Hebrard, president and founder of U'wine, a dealer for wine investors.
The star quality of the 2015 vintage will be a major boost for the Bordeaux region, further aided by the weak euro, he said.
GMT 12:01 2018 Tuesday ,23 January
Bahrain Bourse daily trading performanceGMT 19:16 2018 Monday ,22 January
TRA responds to hoax Dh5,000 VPN fine SMSGMT 13:09 2018 Sunday ,21 January
Bahrain Bourse daily trading performanceGMT 13:50 2018 Friday ,19 January
US SEC says bitcoin funds raise ‘investor protection issues’GMT 06:50 2018 Friday ,19 January
European stocks mostly advance on bright global outlookGMT 09:12 2018 Thursday ,18 January
European stock markets join global downtrendGMT 17:06 2018 Wednesday ,17 January
China temporarily waives taxes to get foreign firms to stayGMT 17:01 2018 Wednesday ,17 January
JPMorgan Chase earnings drop on weak trading, tax items

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor