Comments on The Gray Report: Expect wine prices to rise this year

Mark: Nobody can predict Bordeaux prices' futu...

2012-02-07T16:07:20.538-08:00

Mark: Nobody can predict Bordeaux prices' future more than you, so I will not disagree.

Wine prices in general will rise, but I'm sure you're right that classified Bordeaux will be the exception.

Sales people can say what they like, but Bordeaux ...

2012-02-07T16:00:07.768-08:00

Sales people can say what they like, but Bordeaux prices are not going up, and I expect to see them lower. A lot of 2009s and 2010s are still stuck with the trade and as yet, not been sold to consumers.

Fortunately interest rates are low, but even so, these are the two most expensive vintages in history, and it will cost a good deal to carry the wines.

Also look at the

That makes a lot of sense Gray, Thanks :)

2012-01-28T19:17:05.867-08:00

That makes a lot of sense Gray, Thanks :)

Let me see! Coffee is up 22%, fish is up 33%, brea...

2012-01-27T14:08:15.409-08:00

Let me see! Coffee is up 22%, fish is up 33%, bread is up 15%, but then that's food; oh, wine is food too. That might explain some of this. Keep in mind wine futures are up, and as an investment, certain wines are worth investing in.

Great concise reporting, that my followers will lo...

2012-01-27T13:00:03.686-08:00

Great concise reporting, that my followers will love.
Thanks so much...will share and give you credit.

Gail

Dapz: I think the demand is that much higher for B...

2012-01-27T07:18:07.665-08:00

Dapz: I think the demand is that much higher for Bordeaux. Burgundy remains more of a specialized market, whereas you don't have to know anything to buy Bordeaux -- and in fact, people with more money than wine sense seem now to be Bordeaux's main market.

Great post, "Pricing is all about supply and ...

2012-01-27T03:02:08.076-08:00

Great post,
"Pricing is all about supply and demand".
Could not agree more. That always explained to me why Burgundy is so expensive. Such small domaines and negociants producing a relatively small quantity of wine with a huge demand. What i don't quite grasp are the Bordeaux prices. The Chateaus are very large, use high vinification technology and produce an outrageous

Fresh from the Union des Grand Crus de Bord'x ...

2012-01-26T17:53:53.045-08:00

Fresh from the Union des Grand Crus de Bord'x tasting in NYC, and here is a quote from a salesperson I met there regarding prices for the 2009s:

"Whatever you think the price is, add... A LOT!"

Not exactly on-topic, but given the subject matter I *had* to share that! :)