Fine wine investment: Bordeaux 2020
17th March, 2021
by
Philip Staveley
The Bordeaux 2020 vintage looks promising, but will producers try to make up in price what they lose out in volume, asks
Philip Staveley of Amphora Portfolio Management.
Under normal circumstances mid-March in the fine wine market is a very exciting time, awash with expectation about the forthcoming en primeur campaign, but unfortunately we can’t quite call these normal circumstances.
The recent attempt by the UGCB to raise the stakes by announcing that the campaign this year, for the 2020 vintage, would take place in 10 cities worldwide has just being reined in to now exclude the US and the UK, so the focus will be on mainland Europe and, more particularly, the Asian cites of Hong Kong and Shanghai.