Year of the Rabbit – uh, oh!

It may be coming up to the Year of the Rabbit but that’s no need to treat consumers as rabbits. I do hope that some of the pricing seen in the last week or so is not representative of the year to come. I know the A$ is high, but hasn’t anyone heard there’s a wine glut on? Ditto for New Zealand where things are possibly even more dire than in Australia. Will Lyons wrote in the Asian Wall Street Journal this week:

“…2011 will continue to see an oversupply of grapes, particularly in countries that have experienced a sustained wine boom. I fear some of those growers who planted vineyards in New Zealand to cash in on the phenomenon of Marlborough Sauvignon Blanc will realize the economics don’t add up.”

What with the glut, and the collapse of a major US distributor last year, there’s a lot of wine washing around in the hands of liquidators, and harsh as it might seem for the growers, that can mean tremendous deals for buyers. Last week in Australia I bought several cases of 2006 The Colonial Estate Eclaireur Old Vine Grenache forA$8.99 a bottle. That’s a 92 point Wine Spectator wine that listed at US$28 before the collapse of the distributor.  At A$8.99, I’ll take a punt on it (and did) (See http://www.getwinesdirect.com)

Instead, in Singapore, some distributors/retailers still seem to think that “ignorance is bliss” and as buyers we are all ignorant. It’s going to come as a shock when they realise (or care) that buyers can have Halliday’s ratings and pricing on their i-Phone for next to nothing, and thats there’s a growing number of websites dedicated to hunting down the best deals.

Bastard Box will continue to hunt out the good (mainly), the bad and the ugly (occasionally) in Singapore.

Let’s kick away with some Kiwis:

2008 / Ata Rangi / Crimson / Martinborough / Pinot Noir / S$48 at Crystal Wines (S$45.60 member price) – 4 Stars – You’ll know I’m a big fan of the flagship 2008 Pinot Noir but it sells for about S$72, so this “lesser” label comes in quite a bit below that. Michael Cooper gives it 4 stars and Bob Campbell gives it 87 points, but both comment that it’s still a good wine and a good price, where it sells in New Zealand at NZ$32. The BBI reckons it could list here at around S$43-44 so the price at Crystal is OK, but only just. You’ll be better off hopping down to The Cellar Door in VivoCity where you’ll get the same wine for S$36.90. Think about it.

2006 / Pegasus Bay / Waipara / Chardonnay / S$49 at The Cellar Door – 4.5 Stars – Bob Campbell gives it 91 points. It retails for NZ$35 so the price here is pretty close to where the BBI would expect it to be. Drinking out to 2016.

2010 / Soho / Marlborough / Sauvignon Blanc / S$29.50 at Underground Wines – 3.5 Stars  from Bob Campbell (83 points) so don’t expect too much. It’s only NZ$17 at home.  The price here is OK, but for an extra S$10 you could have got Cloudy Bay just before Xmas.

And now to the Aussies:

Let’s talk about wine because talking about cricket is just too painful. All out for 98! Wow, what a Boxing Day.

2007 & 2008 / Angove / Long Row / Riverland / Chardonnay / S$31.03 at Top Wines (that’s after adding GST which isn’t included in the quoted price)  – 3 to 4 Stars – Wine Estate gives it 3 stars, Halliday gives it 87 points. Not top line then, but neither is the price, at least in Australia. There it retails (a loose term at this end of the market) for A$9.75. At that price, you can forgive a lot of sins, and frankly it’s what you’d expect to pay for a Riverland chardonnay. But the “normal” price in Singapore is S$36 (oh, plus GST making it normally S$38.52) and that’s a whole different equation. Even at S$31.03, this falls too far outside the BBI to gather any recommendation, rating aside. Pass.

2009 / Dominique Portet / Fontaine / Yarra Valley & Pyrenees / Rose / S$34 at eWinesAsia – 4 to 4.5 Stars – Had one of these earlier in the year and found it quite agreeable. Halliday gives it 92 points but Wine Front only 87. Drink it this year though. Great for a pre-dinner drink outside.  With a RRP of A$20, this is good value.

2002 / Lengs & Cooter / Reserve / McLaren Vale / Shiraz / S$99 from Profiters International – 4.5 Stars – I don’t get it. This wine on release was A$45, and even now my research shows you’ll pay about that to get it now. So why the “Usual Price” of S$120 discounted down to S$99? For the record, Halliday rates it 94 points, drinking to 2013. I must be missing something.

“We will always have the time to make love and drink Champagne, and we will do it even more. Champagne’s only competitor is Viagra.” – Pierre-Emmanuel Tattinger, CEO of Taittinger

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Wine quotations

"A good bottle of wine contains more philosophy than all the books in the world" - Louis Pasteur

“The unexacting palates of the masses…are content to ask no question [on origin] so long as a florin or half-a-crown will purchase a roomy flagon of strong , full-bodied, fruity wine” – CE Hawker writing in 1907

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