Month in wine
Favourites emerge in Bordeaux 2019 sales Price cuts and good ratings sparked strong buyer interest in several Bordeaux 2019 en primeur wines, beating low expectations for the campaign in some quarters. Bordeaux 2019 en primeur arrived amid Covid-19-related disruption to the tasting schedule and fears of a global recession, and against a general backdrop of young Bordeaux wines struggling for price momentum. The usual early-April tastings had to be cancelled, though some smaller-scale tastings were later organised in Paris and other cities in France. But, with price cuts averaging 21% compared with the 2018 releases, this year’s campaign brought back ‘some of the magic of the past’, said a Liv-ex report. It added that the top 20 UK merchants reported sales revenue down by 10% on average versus last year, but volume sales…