Bordeaux Fine Wine Investment Report - May 2024

While April gave us a glimpse of sunshine, the May numbers remind us that spring often comes with rainy spells.

• Ahead of the 2023 En Primeur campaign buyers have been looking for back-vintage opportunities.

• With the influx of En Primeur 2023 scores, we look at the few wines which are contenders for perfect scores, and perhaps most tellingly, fewer still are the subject of broad consensus amongst critics.

• Are the Bordeaux 2023 price cuts enough to make up for a string of difficult campaigns?

• The Burgundy index has now dropped by over 20% from its peak and has declined for 14 consecutive months since March 2023 – what does a technical analyst have to say?

• Its a good time to be a US buyer – Dollar strength provides buying opportunities.