Latour 2007 Ex-Chateau
The latest ex-chateau release from the King of the First Growths, Chateau Latour 2007, is now available at GBP 4080 per case.
Since man-in-charge Frederic Engerer took Latour out of the En Primeur system, only releasing their wines as and when they feel they are ready to drink, they have been free from the ‘white noise’ of pricing – they do not have to dance to any tune set down by their First Growth brethren and can set their prices as they feel appropriate. The good news is that once again the team at Latour appear to have listened to the market and priced accordingly; indeed the 2007 has been released for sale at a price which sits just below our LiveTrade headline price of GBP 4100. Bearing in mind that ex-chateau stock is often priced at a 10% premium to the market, and given the unhelpful GBP:EUR currency rates, the price of GBP 4080 makes it the cheapest Latour in the market.
“it is the focus and detail that enhances this vibrant Château Latour...This is a fine Latour from an underrated vintage.” Neal Martin
2007 is a relatively forward vintage which, in many cases, is drinking beautifully already – its elegant purity of style making it a claret in the truly classical mould. In the case of the top wines (of which Latour is undoubtedly one) this is supported by excellent fruit density and a real sense of balance and harmony; arguably the tannins are even more resolved than in the case of 2006s or 2005s, but there is more than enough stuffing and intensity to keep the wine drinking well for two decades.
Indeed, the 2007s have proven to be enormously popular over the past year with many wines disappearing rapidly from the market – and prices have been chased up as a result. In the case of 2007 Latour, our LiveTrade price was GBP 3235 in January of this year and, through significant global demand and dwindling stocks, has since risen to its current level almost 27% higher than 9 months ago.
With the currency rates unlikely to change dramatically and UK stocks vanishing at a rapid pace it is unlikely that price rises will stall any time soon.