1、BORDEAUX EN PRIMEURREPORT INTRODUCTION 3 State of the Bordeaux market 4 EP Performance 5 Market Outlook 6EP 2021 VINTAGE SUMMARY 7CULT WINE INVESTMENT EP APPROACH 9 Category level analysis 10 Back vintage analysis 12 Wine-level analysis 12CATEGORY HIGHLIGHTS 13 Chteau Mouton Rothschild Left Bank Fir

2、st Growth 14 Chteau Cheval Blanc Right Bank First Growth 14 Chteau Palmer Left Bank Super Second 16 Chteau Figeac Right Bank Super Second 17 Chteau Les Carmes Haut-Brion Left Bank QPR 17 Chteau La Gaffelire Right Bank QPR 18 Carruades de Lafite Second Wine 18APPENDIX 19CONTENTSCULT WINES|WINEINVESTM

3、ENT.COMCULT WINES|WINEINVESTMENT.COM3THE BIGGEST EVENT IN FINE WINE IS BACK!With the worlds wine community once again able to gather in-person,Bordeaux en primeur(EP)2021 offers an essential access point to what remains the cornerstone of the fine wine universe.The potential benefits to buying EP ar

4、e:Priority access-Once bottled,some wines can be more difficult to find.Provenance-EP buyers are the first owners of the wines.Potentially lower prices-Buying wine futures can be cheaper than waiting until bottle release.Investment potential-By choosing the right wines and understanding the price po

5、sitioning of Chteaux,buyers can find EP wines with strong investment potential.Cult Wines has just returned from the 2021 EP tasting week in Bordeaux,gaining a better perspective on the vintage.Early talk had focussed on the difficult weather conditions in 2021,and while the year certainly tested pr

6、oducers,many of the best and most experienced rose to the challenge.While results in 2021 did vary,true Bordeaux lovers can delight in the variety and nuance across appellations and producers and enjoy the rewards of some absolutely stunning wines.Here,we share with you our insights on the vintage a