This morning marks the first major Bordeaux 2019 release via La Place, and the official launch of the En Primeur campaign.
Pontet Canet has been released at €58 per bottle ex-negociant, down 31% on the 2018 opening price of €84. It is being offered by the international trade at £732 per 12×75, down 29.5% on the 2018 release of £1,038 per case.
(It comes with a recommended price tag of 68 Eur/ 72.55 CHF / 581 HKD / 79.25 USD per bottle)
The 2019 Pontet Canet was awarded 96 points by Jean-Marc Quarin, who described the wine as “dark intense and beautiful color. Nice, very aromatic, pure nose with ripe fruit.[…] It ends noble by being one of the most fragrant seen in Pontet Canet at this age”.
Jane Anson of Decanter awarded the 2019 vintage a barrel score of 96 points, saying, “This score is two points under the 2016, because it doesn’t have the same concentration of that exceptional vintage, but it’s an excellent Pontet, full of vigour”.
Pontet Canet is yet to be tasted by many critics but a score of 94-95 by them would put the wine on the fair value line. Scores matching that of Jane Anson and Jean-Marc Quarin’s 96, would make the wine appear of good value.
This is the lowest ex-negociant price since the 2008 vintage (€43), which released amidst a global financial crisis. More recently, it compares to the release price of 2013 (€60).
Buyers might also consider the 2005 vintage, a recent upgrade on score by Neal Martin of Vinous demonstrates the 2005’s ability to pass the test of time.
Looking for more?
And take a look at our extended report, Bordeaux 2019: the value of time, which analyses the challenges and opportunities for the region in light of the En Primeur postponement and the broader market headwinds.