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Some wines are offered for sale en primeur, usually in the first year following the harvest and before bottling. It is a form of futures market where buying decisions are made based on tastings of cask samples alone. The practice originated in Bordeaux when the new wines were sold, in their barrels, to merchants who would age and subsequently bottle them in their own cellars. With the advent of Château-bottling the market has continued owing to its popularity with producers, who enjoy a publicity and cash flow advantage, and with buyers, who expect to benefit from the lowest possible price. Many UK merchants have become specialists, offering detailed notes to prospective buyers who order cases of their chosen wines for subsequent delivery once in bottle.
See our Guide to buying En Primeur and In Bond.
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