The 2024 Bordeaux en primeur campaign has begun with a series of affordable releases, drawing attention from wine enthusiasts and traders alike. Among these, Château Mouton Rothschild stands out by offering one of its most accessible vintages in recent years. Priced at €252 per bottle ex-negociant, this release is approximately 10.5% cheaper than the previous low-cost vintage, the 2021, according to data from Liv-ex. This strategic pricing aims to attract both collectors and investors while revitalizing interest in the market.
Other notable estates have also introduced their 2024 wines at competitive prices. For instance, Château Clerc Milon unveiled its lowest release price in over a decade, setting it at €45.6 per bottle ex-negociant. Similarly, Château Malescot St. Exupery in Margaux and Château Gloria in St Julien followed suit, presenting their respective vintages at reduced rates compared to recent years. These moves reflect an industry-wide effort to make high-quality Bordeaux more appealing during challenging economic times.
Despite these efforts, not all producers opted for discounted pricing strategies. Chateau Coutet in Barsac maintained steady pricing, aligning closely with last year's levels. Meanwhile, other estates like Clos Fourtet and Château Langoa Barton implemented modest reductions but still remain relatively expensive when compared to older vintages available on secondary markets. This diversity in approach highlights how each estate navigates its own path within the broader context of global wine commerce.
Innovation and adaptability continue to define the world of fine wine trading. By strategically adjusting prices, wineries aim not only to stimulate demand but also foster long-term relationships with buyers who value quality and affordability. As the en primeur season unfolds, such thoughtful decisions may well pave the way for renewed confidence among consumers and further growth opportunities across the sector.