Wednesday, February 22, 2006

AN UNUSUALLY GOOD BORDEAUX VINTAGE UPS PRICES

Industry experts expect the 2005 Bordeaux vintage to bring in high revenue due to an extreme price increase - a 300% boost in some instances. Some insiders are skeptical of the early vintage scoring and believe it might give owners too much pricing power. According to decanter.com, one proprietor, Antony Barton of Chateau Leoville-Barton, who prices “for consumers' rather than investors,” said, “The market will go crazy, there's no doubt of that, and prices will zoom up because in the US in particular they will pay any price. I just hope people will be sensible.”