Bordeaux 2005 – first signs of profiteering?

Prices of 2005 bordeaux are starting to come out more convincingly than the trickle of early chancers. J P Moueix. the Libourne merchant with a quiver of top right bank properties, in some countries sold directly to exclusive importers, has already announced prices of most of their wines – other than Chx Hosanna, Gazin and Pétrus which are not expected until June apparently. The Moueix prices so far announced by Christian Moueix represent an increase on Moueix’s robust 2003 prices of  between five and 12 per cent, which increase Adam Brett-Smith of Moueix’s major UK importer Corney & Barrow describes...