Reality check for Bordeaux prices (France)

Bordeaux prices could be approaching a reality check in 2012, according to experts. A Reuters report predicts that prices will stabilise or even fall in the coming year, partly because Asian buyers will moderate their spending, reports Harpers Wine & Spirit. James Ritchie of Sotheby’s said: “I think generally speaking demand in Asia has changed from ‘buy at any price’ to ‘buy at what I consider a reasonable price’.”