UCG President claims all 2013 wines will sell ‘within three years’

CasksMany in Bordeaux continue to feel bullish about the 2013 vintage, with Olivier Bernard going far enough to say that all of the wine will have sold within three years. Indeed, early releases have seen some reduced prices, with Pichon Baron down 17% from 2012. However, many feel that the Châteaux have lost touch with their consumers, with one negociant commenting that although prices may be down, ‘they have been out of line with market reality ever since 2008.’ In what is rapidly becoming one of the more interesting campaigns of recent years, who will turn out to be right; the optimists or the naysayers? Click here for the full article:

http://www.decanter.com/bordeaux-2013/en-primeur-coverage/586776/bordeaux-2013-all-wines-to-sell-within-three-years-says-ugc-president