Wine Futures
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Wine Futures
''En primeur'' or "wine Futures contract, futures", is a method of purchasing wines early while the wine (a vintage) is still in the barrel. This offers the customer the opportunity to invest before the wine is bottled. Payment is made at an early stage, a year or 18 months prior to the official release of a vintage. A possible advantage of buying wines ''en primeur'' is that the wines may be considerably cheaper during the ''en primeur'' period than they will be once bottled and released to the market. However, that is not guaranteed and some wines may lose value over time. Wine experts, like Tom Stevenson, recommend buying ''en primeur'' for wines with very limited quantities and will most likely not be available when they are released.T. Stevenson ''"The Sotheby's Wine Encyclopedia"'' pg 66 Dorling Kindersley 2005 The wines most commonly offered ''en primeur'' are from Bordeaux wine, Bordeaux, Burgundy wine, Burgundy, Rhône wine, the Rhône Valley and Port wine, Port, althoug ...
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