BASICS OF EN PRIMEUR


What is En Primeur?

En Primeur is a French wine trade term for wine which is sold as a 'future' i.e. buying of wines at its initial offering price when they are still in barrels, before it is ready to be bottled and delivered.

How does it work?

After the harvesting around September-October and carrying out the usual fermentation, Châteaus will invite members of the international wine trade to taste and assess these wines around March in the year following the harvest. Châteaus will release a strict allocation of their total production at a pegged price to négociants (wine brokers), who then releases these wine to wine merchants around the world.

The wine merchants will then offer the wines to its customers with the promise that wines will be delivered at a later date but at a fixed price now. Customers will also need to pay other charges including shipping cost, freight insurance and duty charge.

En Primeur 2016

"I can confirm that 2016 is an exceptional vintage equal to the exquisite 2015…They have incredible strength yet so much more finesse and sophistication." - James Suckling 2016 seems to be a third strong vintage in a row! It’s another outstanding vintage, shining with potential, for both whites and reds. What're you waiting for? Invest today!

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WS = Wine Spectator, WA =Wine Advocate, JS = James Suckling, AG = Antonio Galloni

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