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Cheval Blanc Cuts 2013 Wine Price Amid Bordeaux Pressure

April 29, 2014

Investors have been looking to so-called en primeur sales of 2013 wines, before they are bottled and delivered, to give impetus to Bordeaux prices, which have declined amid growing interest in wine from other regions. The Liv-ex Fine Wine 50 Index is heading for its eighth straight monthly drop.