Bordeaux day two - The rollercoaster continues

After the peaks of Monday there was a pretty scary descent into the right bank UGCs. Let’s focus on the positives. Gazin and Conseillante are very good and Clinet continues to improve its style. The St Emilion tasting was altogether forgettable, except for some notable absences. The Nicolas Thienpont wines were nowhere to be seen (yields are so low at these estates, they decided to pull out of the Union tasting), so it was back in the bus for an unscheduled tasting at Pavie Macquin. Larcis Ducasse was surprisingly subdued, but Pavie Macquin and Beausejour Duffau are both quite striking. We bade farewell to the right bank and programmed the sat nav for Pessac Leognan.

Prince Robert of Luxembourg and Jean-Philippe Delmas greeted us at La Mission Haut Brion. A draconian selection has meant that for the first time they have bigger yields for the whites than the reds. The reds are both rather grand and the whites are drop dead gorgeous. Delving deeper into the commune we found a delicious Domaine de Chavalier a glossy Smith Haut Lafitte and some lovely dry whites, most notably: Malartic Lagraviere and Picque Cailliou. However, the UGC tasting was not plain sailing - many of the reds were charmless or worse…

On to Margaux. The new cellars, designed by Norman Foster are under construction so we tasted with Paul Pontallier in what is apparently France’s largest privately owned orangery. It certainly is a mighty fine building and a suitable place to taste a very refined and graceful flight of wines. At neighbours, Chateau Palmer, by contrast, we found something more voluptuous, sexy and juicy. There was also time for a quick visit to Clos des Quatre Vents. Luc has sold the estate to a Chinese company, but stays on to lend his considerable knowledge. The CD4V is charming and elegant, but lacks the depth of recent vintages. We also tasted a quite unique Chinese icewein from near the North Korean border made by the new owners of Clos des Quartre Vents! In short, it has been a day of peaks and troughs…

The Great Claret Tasting at Southwold - The Turn of the Magnificent 2010s

Last week the great and the good of the wine trade (and yours truly) descended upon the picturesque seaside town of Southwold to re-examine the 2010 Bordeaux vintage. It resembled something of an MW convention – if anyone knows the collective noun for a group of Masters of Wine, send your answers on postcards… As ever, it was an honour indeed to taste in such illustrious company.

There was an enormous sense of anticipation; after all, this is the British wine trade’s favourite vintage, so expectations were exceptionally high. With this sort of reputation, it is unsurprising that the wines didn’t quite live up to their billing, but that is by no means a put down or for that matter a reason to quell our enthusiasm.

Tasting these wines from barrel was a revelation. Tasting them straight after bottling affirmed everything we thought and added to their repute. Tasting them again last spring and summer was mind-blowing. However, it appears that they have put themselves into hibernation since our last glimpse at this wonder-vintage. In general most wines are displaying their muscularity and structure at this time and appear to have concealed the grace, charm and prodigious sexy appeal on which they have built their reputation. The wines are still remarkable, if not quite as pleasurable to taste. But hey, we never said these were going to be forward, easy drinkers. To quote a member of the UK trade (and Nigel Tufnel), these have all been turned up to eleven (apologies to those not au fait with the philosophy of Spinal Tap!). These are wines of outrageous proportions. They will require long term cellaring, so if you are after immediate thrills, stick to the 2009s. If you are looking for something that will reward patience, stick some of these away…

At this early stage, the Firsts Growths and the big names from the Right Bank are perhaps the least closed. They still have flamboyance and provoke a sense of awe. Scores at Southwold are treated like state secrets, but, for those still reading, I’m allowed to reveal my own scores - WikiLeaks, eat your heart out… La Mission Haut Brion (20), Haut Brion (20), Latour (20), Petrus (19.5), Le Pin (18), Margaux (19), Cheval Blanc (19), Ausone (19), Lafleur (19), Lafite (18), Mouton (18.5). In truth, on another day, any of these wines could have taken top honours. These all display a sense of breed and exquisite exoticism that make them almost unique in my experience.

Other stand out performances came in the shape of Troplong Mondot (19), Angelus (18), Tertre Roteboeuf (18), VCC (18.5), Eglise Clinet (18), La Conseillante (18.5), Evangile (18), Leoville Poyferre (18), St Pierre (17.5), Montrose (18), Dame de Montrose (17), Pichon Baron (19), Fort de Latour (19), Domaine de Chevalier (17.5), Haut Bailly (17.5), Rieussec (18.5) and Coutet (18).

The Petit Chateaux and lesser cru Classes will in time offer extraordinary drinking and value. On the evidence of last week, don’t go near these for some time, ideally five, maybe ten years and give the best wines even longer.

Market Update

Amid the general unease about the state of the global economy, we are frequently quizzed about the health of the wine market. The last data released by Liv-ex showed the Liv-ex 100 up 3.9% at 444.55; a year on year rise of just over 41%. This sustained rally has largely been due to the enormous demand for First Growths in the rapidly expanding Chinese market. New figures now confirm that the so called `Super Seconds` have been pitching in too. Brands such as Lynch Bages and Pontet Canet (both technically 5th growths...) along with the likes of Montrose, Cos d’Estournel, both the Pichons, Leoville Las Cases and Ducru Beaucaillou have enjoyed steady (if not spectacular) gains.

Of course, events in Japan, stratospheric prices for First Growths and the impending 2010 Bordeaux campaign have the potential to bring an abrupt end to the bull-run; but only time will tell. At present, Haut Brion and Mouton Rothschild are enjoying the top spot (in terms of demand if not price) and the `Super Seconds` still look attractive to those seeking First Growth quality without the price tag.