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Haut Batailley 2017 released – repositioning

Haut Batailley 2017 has been released at €42 per bottle ex-negociant. It is being offered by the international trade at £495 per 12×75. At this price, it is pitched above all other recent vintages in the market as the chart above shows.

Haut Batailley was purchased by the Cazes family, owners of Lynch Bages, last year just before the En Primeur campaign. The estate’s 2016 vintage will not be released until it is in bottle.

As Decanter’s Jane Anson commented on Twitter earlier, “JC Cazes has big plans for the estate”. Onlookers might observe that this has been reflected in today’s price.

Critics have awarded the wine a range of scores so far. James Suckling (94-95) called it “one of the best Haut-Batailleys in years”, while Wine Spectator’s James Molesworth (89-92) suggested that it has “slightly dusty tannins but remains fresh and focused overall”. Jeb Dunnuck (92-94) called it “a true gem in the vintage”.

Collectors of this estate might alternatively find buying opportunities in the newly bottled 2015. It has a comparable score and is available in the secondary market at £336 per 12×75, a 32% discount to today’s release.

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