The Bordeaux en primeur 2020 campaign began in earnest last week, with Cheval Blanc the first of the major releases out of the gate. Its latest vintage was offered at a small, 3% increase on the 2019 release price, which itself came to market with a generous discount of c.30% on the previous year.
UGCB Tasting at The Intercontinental Hotel Bordeaux, attended by Wine Lister CEO, Ella Lister
Absence makes the heart grow fonder
Much of the international trade has entered into a second consecutive year without the normal en primeur tasting week in situ. Instead, the bordelais have generally come up trumps with sending samples this year (only a very small handful of châteaux have declined to send any at all), and in many cases, one-on-one video calls have replaced the fleeting group tasting slots at the estates. Edouard Moueix, Managing Director of Etablissements Jean-Pierre Moueix observes how this has actually been a help, rather than a hindrance, in telling the story of the vintage to clients: “we can take time to explain things like we did some years ago”, he says. With a much wider range of tastings this year (albeit remotely for most) and a slightly less condensed campaign schedule, this should allow room for lesser-known wines that have excelled in the vintage to shine, where last year the sale of 2019s at lightning speed favoured well-known and trusted brands in the main.
While pricing is more often than not the hot topic for many participants in en primeur campaigns, sales of 2020 have the potential for focus on the great stories of each individual Bordeaux estate, given that the price equation this year is perhaps simpler than it has been in recent years.
Following a broadly successful “price reset” through the 2019 campaign, Bordeaux is holding all the cards that should ensure en primeur sales of 2020 work just as well (if not better), riding the wave of renewed interest in Bordeaux created last year. If 2019 prices set the precedent, then all that need happen now is to follow suit – matching last year’s release price, since the quality of 2020 for the majority of wines does the same. A healthier GBP-Euro exchange rate than existed last year should also help to keep price tags attractive, and choices for top-quality, excellent-value wines will hopefully be available in spades.
Follow Wine Lister’s en primeur analysis here on our blog, where we will be highlighting top picks from the 2020 vintage as they are released.
Recap Part I of our Bordeaux Study here for further analysis of en primeur pricing.
Cheval Blanc 2020 was one of the first key releases out of the gate for this year’s Bordeaux en primeur campaign yesterday.
Having tasted in Bordeaux last week, Wine Lister’s CEO, Ella Lister, hails the wine “restrained and profound” on the nose, with “dark, hypnotic fruit”. The palate, she says, is “straight-lined, mineral, mouth-watering and fresh”, with an “incredibly long, saline finish”. As one of her favourite wines of the vintage, she would potentially give it a perfect score.
Technical Director, Pierre-Olivier Clouet notes that 2020 is cut quite differently from recent years at the estate. He characterises the vintage at Cheval Blanc in “three major waves”. First, the humid spring encouraged the vines to grow calmly and homogenously, accumulating water and nutrients much needed later in the season. The second wave was one of drought, which Clouet explains gives Cheval Blanc 2020 “a deep, tannic structure – dense but not hard, firm but not dry, ripe but not cooked”. Balancing this is Clouet’s “third wave” – a period of intense heat towards the end of the summer. With temperatures during harvest reaching 38-39 degrees Celsius, the hot spell translates into a very “expressive, intense, crisp, and aromatic nose”, and a freshness on the palate thanks to quick picking, within 20 days (half the usual duration).
Cheval Blanc 2020 was being offered by UK merchants at around £380 per bottle in-bond – 3% above the 2019 release price, but well under the price of any small remaining quantities of 2019 currently available on the British secondary market. Last year’s gesture on pricing was exceptionally well-received, and the 2020 will likely be no exception.
In Wine Lister’s latest Bordeaux Study, we examine a five-vintage retrospective analysis showing the greatest positive percentage change between wines at ex-négociant release price and current market prices.
Top 20 by relative price change between average ex-négociant releases and current market
Which of the Bordeaux 2020 offerings show greatest price potential post-release?
One of the most significant periods of purchasing in a wine collector’s calendar is once again upon us. Bordeaux en primeur provides the opportunity to secure wines before they are bottled, with the primary benefits being both to gain access to crus that sell out quickly, and to pick them up at attractive prices, which will likely be higher once the wine becomes physically available.
Taking a closer look at the top-20 wines in the list, these bottles often see significant demand post- release, and are worth keeping an eye out for during the impending en primeur campaign.
Small-volume sensations
Lafleur, Les Carmes Haut-Brion, and Petrus typically see the greatest percentage changes in price, with all three producing notably small volumes within the context of Bordeaux – c.1,000, 1,800, and 2,500 cases per annum, respectively. With rarity on its side, demand for Lafleur has encouraged its original release price to grow by 115% on average in the secondary market.
Family of four
Four of the wines featured are produced under the same roof, or by the same team, as the Bordeaux First Growths, with demand surely heightened through association. Carruades de Lafite, Pavillon Blanc, Petit Mouton, and Clerc-Milon all offer potential price increase post-release, at a lower initial price than their Premier Cru siblings. Appearing fourth on the list, Carruades de Lafite has seen market price increase by c.56% post-release across the past five vintages, while the current cost of Petit Mouton is up c.54% on its ex-négociant price.
Rising through the ranks
Offering relative value and potential for future returns, several “rising stars” are featured in the ranking, and are worth watching over the upcoming releases. Canon, Calon Ségur, and trade darling for good value, Meyney have exhibited strong increases in quality over recent years, which has resulted in higher demand, and thus strong price performance after en primeur campaigns. The three promising picks have seen their average price increase by c.33%, c.24%, and c.19% respectively.
The full report can be purchased on our Analysis page, while Pro subscribers can access their free copy here. Wine Lister provides Pro+ subscribers with real-time en primeur release alerts during the campaign. Email us to enquire about signing up, or track releases prices on our dedicated en primeur page here.
As the fine wine industry starts preparing for another Bordeaux en primeur season at a distance, Wine Lister has published Part I of its annual in-depth Bordeaux Study. With insights from key fine wine trade players from across the globe, Part I evaluates Bordeaux’s recent performance, considers the major takeaways from the 2019 vintage campaign, and contemplates the lessons they might provide moving forwards.
Please see our key findings below:
You can download the study digest in English here: Wine Lister 2021 Bordeaux Study – Digest or French here: Wine Lister 2021 Bordeaux Résumé d’étude. The full report can be purchased on our Analysis page, while Pro subscribers can access their free copy here.
With Bordeaux 2020 en primeur fast approaching, Wine Lister reports on one of the latest updates to emerge from the Médoc, informing your investment decisions over the coming months. In collaboration with Château Lafon-Rochet, we speak to Basile Tesseron to find out more about the inaugural partnership of two of the most revered consultants in Bordeaux to work on the estate’s 2020 blend: Jean-Claude Berrouet and Eric Boissenot.
Renowned for his expertise in Merlot production at Pomerol’s Château Petrus, Lafon-Rochet’s existing consultant, Jean-Claude Berrouet has been working at the estate alongside his son, Jeff, since 2012. Basile tells us that his team “admire the quality of the tannins present in the wines that Jean-Claude consults on, as well as his expertise with grapes coming from clay soils”.
With almost half of the estate based on clay, and the other half on dry, deep, gravely soils, he explains that “it was logical to combine Jean-Claude’s work with that of Eric Boissenot”, whose father, Jacques, has also been working with Lafon-Rochet for several years. With a reputation as oenologist to some of the Médoc’s top châteaux, Eric Boissenot is known for his dedication to the accentuation of terroir.
This meeting of minds from the Right and Left Banks for the first time illustrates another step in the evolution of Lafon-Rochet under Basile’s guidance. Since taking over the running of the estate in 2007, he has overseen the construction of two new cellars, extensive replanting, and a dedicated biodiversity programme. Having spent several years conducting agroforestry trials, last year Lafon-Rochet embarked on an agroforestry scheme that aims to make the estate wild once again through assisted natural regeneration. As well as installing bat nesting boxes and beehives, the property aims to plant 13,000 trees on its land by 2022.
Click here to sign up to Wine Lister’s free newsletter to keep track of everything en primeur over the coming months, including our recommendations on which releases to buy.
WL PR offers a dedicated communications service to help fine wine producers tell their story within the UK market. Head to our services page here to find out more.
Wine Lister recently teamed up with 67 Pall Mall for a vertical tasting of five d’Issan vintages led by owner, Emmanuel Cruse, and Commercial Director, Augustin Lacaille. Last Wednesday, Emmanuel transported over 60 members of the UK fine wine trade and press to the historic Margaux property, guiding them through four of his favourite recent vintages: 2000, 2005, 2010, and 2015.
By invitation only: a selection of snaps from guests’ home tasting set-ups. Photos from (from top left anticlockwise): Bud Cuchet (@budcuchet), Charlie Goblet (@charliegoblet), Will Lyons (@mrwill_lyons), Wine Lister (@winelister), Emily O’Hare (@emilyowine), Wine Lister (@winelister), Charlie Goblet (@charliegolet), and Tom Harrow (@winechapuk)
Tasting kits were accompanied by individual copies of The Four Seasons of Château d’Issan – a cookbook assembled by the property’s head chef, Frédéric Braud, with seasonal recipes from a year in the kitchen at d’Issan. Following a short introduction video including aerial scenes of the château and close-ups on its vines, Emmanuel commenced the vertical tasting with the 2000 vintage.
Having taken over as managing director in 1998, he proclaimed that the 2000 was the last “old school” d’Issan. Indeed, the property’s winery has since been almost entirely rebuilt, with a new cellar inaugurated in 2002. The vintage marks the last to be composed of 70% Cabernet Sauvignon and 30% Merlot, the Cabernet proportion being decreased to 60% in 2005.
Emmanuel was not shy in praising the 2005 d’Issan, calling it “the first great vintage” under his watch. He notes there was “perfect weather all year”, recounting how the summer was so warm that the pickers all worked in swimsuits, leading to abnormally regular visits from inquisitive négociants.
According to Emmanuel, 2010 is “from a technical perspective, maybe the best ever vintage made in Bordeaux”. The year had an excellent growing season, void of the hailstorms that had blighted d’Issan in 2008 and 2009. He informed us that the year was also personally special to him, marking the year he married his wife, Virginie. While still on the younger side, Emmanuel suggests decanting the 2010 for three hours ahead of its enjoyment.
The tasting concluded with the 2015 vintages of the property’s Grand Vin and its second wine, Blason d’Issan. Emmanuel stated that it was a broadly excellent year for Bordeaux, and specifically Margaux, which received “less rain than other appellations in the Medoc”. The ratios shifted slightly more towards Cabernet Sauvignon in 2015, which makes up 65% of the blend – Emmanuel’s personal preference.
Hailing from the estate’s younger vines, which are around 15-20 years old, Blason comprises 60% Cabernet Sauvignon in 2015. Emmanuel specifies the same winemaking practices are applied to the second wine, which he hopes to be “an introduction to the flagship”.
D’Issan owner, Emmanuel Cruse, and Commercial Director, Augustin Lacaille, in “The Rule of Five” virtual tasting
D’Issan 2020 will be released en primeur this year, and we look forward to finding out what the latest edition of “The Rule of Five” will bring – especially since the property’s acquisition of neighbouring Cabernet Franc and Petit Verdot vineyards in March 2020. While the official blend for the 2020 vintage has not been finalised, Emmanuel is sure that the added varietals will be a “real plus”. If the serendipitous pattern of five is anything to go by, especially with the excellent growing season in 2020, the “rule” has every chance of continuing to reign.
For more information on our organisation of virtual tastings and events, please contact the WL PR team here.
Amid the flurry of releases from La Place de Bordeaux during September, an exciting development is said to be afoot from a wine grown on home turf.
We understand that Lafite 2018 – released last spring en primeur and currently still only available to purchase as such – will be bottled next year in special, 150 year anniversary bottles, complete with one-off anniversary labels.
The current average market price of Lafite 2018 is £533 per bottle (in-bond)*. Special bottlings typically induce significant price rises, particularly for Bordeaux first growths.
Mouton 2000’s special, gold-engraved bottle is priced almost four times higher than the average of Mouton’s recent back vintages (£1,558 vs. £398).
Similarly, the price of Margaux 2015, whose special bottle features a black label in memory of its winemaker, the late Paul Pontallier, has risen 64% since the commemorative bottling was announced.
Prices of any remaining Lafite 2018 in the global marketplace are therefore poised to increase between now and the actual bottling of the wine, at which time we understand a small parcel of further, physical stock could be released by the château (presumably at a sizeable premium).
Lafite 2018 is currently an absolute MUST BUY.
*on date of publication, Thursday 17th September 2020
Thanks to solid discounts on existing market prices from many châteaux, the Bordeaux 2019 en primeur campaign can be considered a success, and may prove in the long-term to have helped the en primeur system find its feet once again, in terms of the cost benefit it offers to buyers.
Part II of Wine Lister’s Bordeaux Study, In sickness, in health discusses this in more detail. In the meantime, below we have selected top MUST BUYs at different price points, to help those still on the hunt for Bordeaux 2019.
Under £25 – Grand-Puy-Ducasse
Grand-Puy-Ducasse 2019 is both a MUST BUY and a Value Pick, achieving its best ever WL score of 93 in 2019, available at £23 per bottle (in-bond) when buying by the case. The latest release illustrates the contrasting climatic conditions of 2019, with critics noting its complexity and nuance. Wine Lister partner critic, Neal Martin, notes, “crisp tannins, a fine bead of acidity, cohesive and harmonious with a lovely saline/briny note”, adding “this is one of the best Grand Puy Ducasse wines that I have encountered from barrel. Excellent”. Grand-Puy-Ducasse 2019 is available to purchase by the case from Justerini & Brooks.
More Bordeaux 2019 MUSY BUYs under £25: Capbern, Gloria, Laroque, Meyney, Potensac, and Siran.
Under £50 – Larcis-Ducasse
At £47 per bottle (in-bond), Larcis-Ducasse 2019 is priced notably well within the wider context of Saint-Émilion Grand Cru Classé “B” releases. As examined in a recent en primeur blog, it earns a WL score of 95 – just one point less than the likes of Cheval Blanc and Pavie (costing on average six times less than its Classés “A” neighbours). Winemaker, David Suire, observes that the vintage reflects clearly its limestone terroir, showing floral notes and an overriding minerality. Wine Lister partner critic, Antonio Galloni, concurs, noting “graphite, menthol, licorice, tobacco and cedar notes” in the bouquet, coining it “one of Bordeaux’s most under the radar gems”. While demand for this wine has likely been strong, Larcis-Ducasse 2019 is still available through Millésima’s UK and Hong Kong branches.
More Bordeaux 2019 MUST BUYs under £50: Brane-Cantenac, Giscours, Grand-Puy-Lacoste, La Gaffelière, Malescot Saint-Exupéry, and Pavie-Macquin.
Under £100 – Haut-Bailly
At £70 per bottle (in-bond), Haut-Bailly 2019 shares the château’s top WL score (95) with recent vintages 2018, 2016, 2015, and 2014. Managing Director, Veronique Sanders, told the Wine Lister team of their need to light fires five times to prevent frost in the spring of 2019, escaping unscathed. In the end, challenges throughout the growing season concluded in perfect harvest conditions, and a wine of impressive balance and energy. Indeed, the 2019 has received unanimous confidence from critics – Neal Martin states that the 2019 is a “more terroir expressive Haut-Bailly that has an effortless allure and a sense of sophistication”, concluding that it is “wonderful”. Haut-Bailly 2019 can be acquired by the case through Goedhuis & co.
More Bordeaux 2019 MUST BUYs under £100: Calon Ségur, Canon-la-Gaffelière, Canon, Clinet, Léoville Poyferré, Pontet-Canet, Lynch-Bages, Montrose, and Troplong-Mondot.
Under £200 – Léoville Las Cases
Léoville Las Cases 2019 achieves a WL score of 97, at £145 per bottle (in-bond). While volumes of the 2019 released onto the market were down 35% on last year, there is still some availability of this Saint-Julien super second, and we highly recommend getting your hands on some. Wine Lister’s CEO, Ella, describes it as “luminous and lyrical”, noting a bouquet of “English garden – raspberry blossom, cow parsley, fraises de bois, and then a deeper note of ripe cherries”. James Lawther for JancisRobinson.com is similarly impressed, awarding it 19 points and noting it as “one of the greats from this estate”. The latest vintage can be purchased through Fine+Rare.
More Bordeaux 2019 MUST BUYs under £200: Figeac, Haut-Brion, La Conseillante, La Mondotte, Le Petit Mouton, La Mission Haut-Brion, Palmer, Pichon Comtesse, and Vieux Château Certan.
Over £300 – Mouton
While the release price of this Pauillac Premier Cru, let alone the quality of its 2019, likely makes it one of the most popular buys of the campaign, there may still be opportunities to secure some en primeur. Released at £299 per bottle (in-bond), Mouton 2019 achieves a WL score of 97 – the second-highest score achieved by the château in recent years, following the 2016’s 98. Wine Lister’s CEO, Ella Lister, describes Mouton 2019 thus: “velveteen tannins, long and caressing”, recounting “complex, savoury flavours of graphite and slate intermingled with the generous fruit”. Farr Vintners still appears to have some availability of Mouton 2019 (albeit at a slightly higher price than its release).
More Bordeaux 2019 MUST BUYs over £300: Cheval Blanc, Lafite, and Lafleur.
French readers can find this blog in French translation on Le Figaro Vin’s website.
Wine Lister Pro members can read Part II of the Bordeaux study here. All free users can purchase the report for £125 from Wine Lister’s Analysis page (available in both English and French).
This week, Wine Lister published Part II of its annual in-depth Bordeaux Study, In sickness, in health, which, among other inquiries, examines the 40 top-quality crus in 2019. As illustrated in the study, tastings have so far indicated high quality levels across the board in 2019, while numerous wines have made significant advancements, shaking up this year’s rankings.
Following this line of investigation, below we examine the top 25 Bordeaux 2019s by WL score (as separated by mere decimals), and consider the biggest movers since last year. These scores are informed by the recently-released ratings of Wine Lister partner critics, Bettane+Desseauve, Antonio Galloni and Neal Martin for Vinous.com, and James Lawther for JancisRobinson.com.
Consistent with last year’s ranking of Bordeaux 2018s by Quality score (conducted before the introduction of Wine Lister’s free site, featuring WL scores out of 100), Pomerol earns the highest number of places (six) in the top 25 2019s by WL score. Neighbouring Saint-Emilion follows closely behind with five spots in this year’s ranking, including the top-scoring wine of the vintage, Figeac 2019, which achieves a WL score of 98.
The four first growths to release their 2019s en primeur appear in third through seventh places, intersected by La Mission Haut-Brion’s entry at fifth place. This promising Pessac-Léognan climbs an impressive 26 spots in 2019, and, as mentioned in our previous blog, has been recently assigned MUST BUY status. Neal Martin scores La Mission Haut-Brion 2019 98-100 points, declaring: “I wager that ultimately this will become one of the wines of the vintage”, concluding that the wine is “breathtaking”.
L’Eglise Clinet sees an impressive upwards shift of 33 places this year, entering the top 10 with a WL score of 96. A poignant tribute to its late winemaker, Denis Durantou, its 2019 has received significant praise, with Antonio Galloni noting that it is “very clearly one of the wines of the year. A Pomerol of soaring, majestic intensity, L’Eglise-Clinet dazzles from start to finish”.
Pichon-Baron and Angélus both climb eleven places in this year’s top-25 ranking, to 11th and 16th place, respectively, with the former receiving top scores from both Neal Martin and Antonio Galloni. Both critics allude to the depth of Pichon-Baron’s 2019, with Galloni stating that “pomegranate, chocolate, licorice and spice are all lavishly expressed”. This represents one of Pauillac’s four entries on this year’s top-25 ranking, which also comprises Mouton, Lafite, and Pichon Comtesse.
Haut-Bailly makes a sizeable leap of 18 places since last year, ranking in 21st place with a WL score of 95. At £70 per bottle (in-bond) Haut-Bailly 2019 is also a Wine Lister MUST BUY. Fellow Pessac-Léognan producer, Smith Haut Lafitte, climbs an impressive 32 places with its 2019 vintage, rounding out the top 25 list. Having tasted twice, Neal Martin describes its “intense, very pure bouquet with blackberry, briary and cherry compote and a hint of black olive tapenade in the background”.
Also featured in the top 25 Bordeaux 2019s by WL score are: Belair-Monange, Cheval Blanc, Cos d’Estournel, Ducru-Beaucaillou, Haut-Brion, La Conseillante, Lafleur, Léoville Las Cases, Léoville Poyferré, Margaux, Palmer, Pavie, Petrus, Trotanoy, and Vieux Château Certan.
Wine Lister Pro members can read Part II of the Bordeaux study here. All free users can purchase the report for £125 from Wine Lister’s Analysis page (available in both English and French).
With the Bordeaux 2019 en primeur campaign now concluded, we bring you 38 new Wine Lister MUST BUYs. The tasting of Bordeaux 2019 has thus far confirmed the notable quality of the vintage, from which we have filtered some obvious campaign buys that can be expected to see increased prices, and decreased availability in the future.
Wine Lister’s MUST BUY recommendation algorithm takes into account a wine’s quality and value within its vintage and appellation, as well as the latest industry intelligence from key players in the global fine wine trade. These results are then filtered through an intelligence-based, human overlay, which identifies MUST BUY wines based on our tasting of Bordeaux 2019, and observation of the reception of each release in the market.
As illustrated below, there are 38 Bordeaux 2019s that are now recognised as MUST BUYs – suggesting that the benefit of buying en primeur is more obvious than last year (there were 24 Bordeaux 2018 en primeurs recognised as MUST BUYs following its campaign). They are all red:
In keeping with last year’s MUST BUY picks, Saint-Emilion once again ranks as the most recommended appellation – this year offering 10 MUST BUYs, including the top-scoring wine of the vintage: Figeac 2019. With a WL score of 98, Figeac’s latest vintage has sustained the château’s upward quality trajectory.
With a WL score of 93 at £18 per bottle (in-bond), Laroque 2019 exhibits excellent value relative to 2019 Saint-Emilions of comparable quality. Alongside its MUST BUY status, Laroque’s latest vintage is also a Value Pick, making it an essential acquisition for the savvy Bordeaux buyer. Wine Lister partner critic, Antonio Galloni, notes, “raspberry jam, spice and red plum meld into the juicy finish”, stating that “the 2019 is very nicely done”.
Pauillac houses eight Bordeaux 2019 MUST BUYs, including first growths Lafite and Mouton, which both achieve WL scores of 97. Grand-Puy-Ducasse 2019 is both a MUST BUY and a Value Pick, having achieved a WL score of 93 at £23 per bottle (in-bond). Writing for Jancisrobinson.com, James Lawther muses whether the 2019 is the, “best of recent vintages?”, suggesting that it “certainly has more structure and power with additional mid-palate flesh”. As proposed in a previous Bordeaux 2019 en primeur blog, Pichon Comtesse is another notable Pauillac purchase for wine collectors, given the estate’s impressive popularity, and its vast reduction in volume released this year.
Within its five MUST BUY picks (four at under £50 per bottle in-bond), Margaux contains two Value Picks, with Malescot Saint-Exupery and Siran priced at £31 and £20 per bottle (in-bond), respectively. At £167 per bottle (in-bond) Palmer 2019 shows good value within the context of its previous vintages (31% below the 2018 and 2016 release prices), which, alongside its limited quantity released en primeur, makes this a must for Margaux enthusiasts.
In Pomerol, La Conseillante, Lafleur, and Vieux Château Certan achieve WL scores of 96, while Clinet follows shortly behind with 95. At £54 per bottle (in-bond) the latter is notably cheaper than its Pomerol peers, and has made a major leap up in quality from previous vintages. Awarding it 97-99 points, Neal Martin writes that Clinet 2019 “is just so fragrant on the nose”, stating that, “the purity that Ronan Laborde and his team have achieved should be applauded”.
Calon Ségur and Montrose lead Saint-Estèphe’s four MUST BUYs with a shared WL score of 95, while Meyney and Capbern provide testament to the value proposition available in the appellation, having been priced at £19 and £15 per bottle (in-bond), respectively.
Sharing three picks apiece are further left bank appellations Saint-Julien and Pessac-Léognan, which are both home to high-scoring 2019s. In Saint-Julien, Léoville Las Cases achieves a WL score of 97 – matched by Pessac-Léognan first growth Haut-Brion, and neighbour, La Mission.
Other wines featured in Wine Lister’s Bordeaux 2019 MUST BUYs are: Brane-Cantenac, Canon, Canon-la-Gaffelière, Cheval Blanc, Giscours, Gloria, Grand-Puy-Lacoste, Haut-Bailly, Le Petit Mouton, La Gaffelière, La Mondotte, Larcis-Ducasse, Léoville Poyferré, Lynch-Bages, Pavie-Macquin, Pontet-Canet, Potensac, and Troplong-Mondot.
Wine Lister has now released Part II of its annual in-depth Bordeaux Study, examining the price and quality of Bordeaux 2019, relative to previous vintages. Purchase the full report here, or download using your Pro subscription (available in both English and French).