2006 Bordeaux....

[TheEngineer]

You may have noticed this as well but in the US, there is a slight repricing of the wines going on....Two major ones that have fallen significantly are: Lafite and Cos. Lafite can now be had for around $1100 a bottle (yes I know....) and the Cos is down frmo $400 to $300. However, this is mainly in the US. I can't find any price moving down in the UK... I wish i heard about th eLCBO release of Carruades for approximately $130 USD a bottle... And there are others, Barton is now under $100 a bottle, and many have slowly dipped. And there is still a lot of stock out there. I also read somewhere that the Chateaus released less wines than ususal and have held onto more wines to slowly release them and earn more in the process. As we talked about, the elaticity of demand this year might resemble mroe of a cliff....