Sunday October 25, 2020

Wine: Buy now, pay now, drink later

Even though Château Latour is getting out of selling wine en primeur, there's life in the market yet, and blue-chip vendors have some tempting offers, writes Tomás Clancy.

9th June, 2012
En primeur: a tiny bit of value has slowly begun to creep back into that market. Photo: Getty

The old stock-broking adage - "sell when there is champagne in every glass, buy when there is blood in the streets" - is sad but oh so true - except when it comes to wine.

Unfortunately, in times of trouble, perceived commodities of safety are the exception to the rule.

The evidence of this lies in Bordeaux's annual en primeur campaign. En primeur in its simplest form is buying wines today, that are still in...

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