{"id":9682,"date":"2011-08-01T13:12:23","date_gmt":"2011-08-01T12:12:23","guid":{"rendered":"https:\/\/oxfordwine.co.uk\/owc\/?p=9682"},"modified":"2022-03-30T13:14:46","modified_gmt":"2022-03-30T12:14:46","slug":"talking-wine-august-2011","status":"publish","type":"post","link":"https:\/\/oxfordwine.co.uk\/owc\/talking-wine-august-2011\/","title":{"rendered":"Talking Wine &#8211; August 2011"},"content":{"rendered":"<section class=\"l-section wpb_row height_medium\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><time class=\"w-post-elm post_date entry-date published\" datetime=\"2011-08-01T13:12:23+01:00\" title=\"1 August 2011 at 13:12:23 Europe\/London\" itemprop=\"datePublished\">15 years ago<\/time><div class=\"w-separator size_small\"><\/div><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h1>Talking Wine &#8211; August 2011<\/h1>\n<p>There is no doubt that China is distorting the Fine Wine market. At a recent Christies auction in Hong Kong at least one bottle of wine went for more than a Harvard education &#8211; \u00a345,000 to be precise. This was for Ch\u00e2teau Latour which normally fetches less than Ch\u00e2teau Lafite-Rochchild. It&#8217;s a crazy world and the demand for fine wine, rather like art, seems resistant to the global economic crisis. Some of the wine will be drunk, some hoarded and some traded but ultimately the market will surely have to settle or will the growing number of Chinese millionaires who acquire a taste for fine wine maintain the momentum?<\/p>\n<\/div><\/div><div class=\"w-separator size_small with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>Many Bordeaux producers and most of the critics hailed 2009 as the &#8220;vintage of the century&#8221; after almost perfect wine growing conditions and yet 2010 is also being hailed as the same with prices likely to match those of 2009. One critic cynically remarked that this was the eighth &#8220;vintage of the century&#8221; but there is no doubt that the quality is very good indeed. These wines are sold early whilst still in barrel, the process being known as buying &#8220;en primeur&#8221;. After two years they are bottled and investors hope to make a quick turn or indeed keep the wine for long term drinking or further investment. Britain and the US have been the traditional futures market with top wine critic and writer Robert Parker having a massive influence over the whole process. However recently Bordeaux has been concentrating heavily on the Asian market and Parker warns that it is &#8220;a very dangerous game to raise prices as the global economy is very, very fragile&#8221;. Not everyone agrees with him with Simon Davies of Fine and Rare Wines saying &#8220;Whenever a big new player comes into the market, the last big player moans they cannot afford it. Whilst the world&#8217;s most important wine critic is still American, I&#8217;m afraid that a new wine superpower is on the rise &#8211; and that&#8217;s China !!&#8221;<\/p>\n<\/div><\/div><div class=\"w-separator size_small with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>Back in blighty I can report on good press for the local Hendred Vineyard. In the English and Welsh Wine of the Year Competition they were awarded Silver medals for their Callaghan&#8217;s Furlong 2010 and Hendred Brut NV and also a Bronze medal for their Rockpit Ros\u00e9. The Fulong and Rockpit Ros\u00e9 are both stocked by The Oxford Wine Company &#8211; they are lovely clean and fresh fruit driven wines with good acidity. Steve and Vivienne Callaghan have done a great job in revitalising this small vineyard and I suspect there is more to come from this enterprising and energetic couple.<\/p>\n<\/div><\/div><div class=\"w-separator size_small with_line width_default thick_1 style_solid color_border align_center\"><div class=\"w-separator-h\"><\/div><\/div><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><div>\n<div class=\"c9 \">\n<p>We hope to soon be stocking some Greek wine. We often get asked for it but over the years I have yet to find something I enjoy and I am afraid I am not going to stock anything simply for the sake of it. However at the London Wine Trade fair this May I can actually report that I tasted some interesting Greek wines including a half pleasant Retsina. We have to retaste and confirm the price and quality but we should have something on the shelves by the end of the summer.<\/p>\n<\/div>\n<\/div>\n<div class=\"c3\">\n<div class=\"categories-menu-container\"><\/div>\n<\/div>\n<\/div><\/div><div class=\"w-separator size_small\"><\/div><div class=\"w-post-elm post_author vcard author color_link_inherit with_ava avapos_top\"><a href=\"https:\/\/oxfordwine.co.uk\/owc\/author\/tedmd\/\" class=\"fn\" aria-hidden=\"true\" tabindex=\"-1\"><div class=\"post-author-ava\" style=\"font-size:96px;\"><img loading=\"lazy\" decoding=\"async\" width=\"96\" height=\"96\" src=\"https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-96x96.png\" class=\"avatar avatar-96 photo\" alt=\"\" srcset=\"https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-96x96.png 96w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-300x300.png 300w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-1024x1024.png 1024w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-150x150.png 150w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-350x350.png 350w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-600x600.png 600w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-400x400.png 400w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-24x24.png 24w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1-48x48.png 48w, https:\/\/oxfordwine.co.uk\/owc\/wp-content\/uploads\/2022\/03\/Staff-photos-colour-1.png 1080w\" sizes=\"auto, (max-width: 96px) 100vw, 96px\" \/><\/div><\/a><div class=\"post-author-meta\"><a href=\"https:\/\/oxfordwine.co.uk\/owc\/author\/tedmd\/\" class=\"post-author-name fn\">Ted Sandbach<\/a><div class=\"post-author-info\">Ted studied History and Physical Education at Loughborough University before teaching at Magdalen College School in Oxford for 7 years. He gave up teaching to follow his passion for wine and cut his teeth at Stevens Garnier in Wine retail. During this time he travelled extensively and took his wine exams including the Diploma \u2013 which he will admit is much harder these days! Frustration and ambition prompted him to start The Oxford Hamper Company in 1985 which by 1992 had metamorphosed into The Oxford Wine Company.<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"15 years agoTalking Wine &#8211; August 2011 There is no doubt that China is distorting the Fine Wine market. At a recent Christies auction in Hong Kong at least one...","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-9682","post","type-post","status-publish","format-standard","hentry","category-oxford_wine_blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Talking Wine - August 2011 - Oxford Wine Company<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/oxfordwine.co.uk\/owc\/talking-wine-august-2011\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Talking Wine - August 2011 - Oxford Wine Company\" \/>\n<meta property=\"og:url\" content=\"https:\/\/oxfordwine.co.uk\/owc\/talking-wine-august-2011\/\" \/>\n<meta property=\"og:site_name\" content=\"Oxford Wine Company\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/theoxfordwinecompany\" \/>\n<meta property=\"article:published_time\" content=\"2011-08-01T12:12:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-30T12:14:46+00:00\" \/>\n<meta name=\"author\" content=\"Ted Sandbach\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TheOxfordWineCo\" \/>\n<meta name=\"twitter:site\" content=\"@TheOxfordWineCo\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ted Sandbach\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/oxfordwine.co.uk\/owc\/talking-wine-august-2011\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/oxfordwine.co.uk\/owc\/talking-wine-august-2011\/\"},\"author\":{\"name\":\"Ted Sandbach\",\"@id\":\"https:\/\/oxfordwine.co.uk\/owc\/#\/schema\/person\/429d0557e47aa59854a0f44e780ed621\"},\"headline\":\"Talking Wine &#8211; 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