A scintillating Chablis

2012 Chablis, 1er Cru Côte de Léchet, Domaine Daniel Dampt, Burgundy, France (£135 in bond per dozen, Haynes, Hanson & Clark, 020-7584 7927).

I am going to explode. Here are some quotes from well-regarded wine merchants concerning the 2012 Burgundies being peddled right now – ‘tear-jerkingly good, ‘great’, ‘brilliant’, ‘expressive, vibrant and intense’! These merchants stress that volumes are low and punters must act now or die of thirst. This is rubbish.

Yes, volumes are down 30%-40%, but prices are up 30%-40%, too. The 2013 harvest was down in volume, too, so everyone needs to make money apparently. There is no earthly reason for you to rush to buy anything.

The wines are, on the whole, simple, fruity, forward-drinking (ready to drink early) and joyless. Granted, there are a few exceptions, but there is not one bottle which outshines its 2010 counterpart and they are all more expensive.

Only one other commentator whom I have spoken to agreed with my thoughts, so make of that what you will; but I am certain that, with the exception of Chablis, which had a superb harvest, hence my chosen wine this week, the wines are a letdown.

My full report, including scores and recommended merchants, will be published on my website shortly. In the meantime, order loads of Chablis like this scintillating, great value wine, and seek out more genuinely thrilling 2010s!

• Matthew Jukes is a winner of the International Wine & Spirit Competition’s Communicator of the Year (www.matthewjukes.com).

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

MoneyWeek magazine

Latest issue:

Magazine cover
The hunt for water

The most valuable commodity

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

Robert Shiller: why one of the world's smartest economists is worried about the bond market

Merryn Somerset Webb talks to Yale professor and Nobel Prize winner Robert Shiller about how the power of 'stories' drives the global economy and creates financial bubbles.


Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.


27 February 1900: The Labour Party is launched

Responding to the need for a single political party to represent the trade unions, the Labour Party was formed on this day in 1900, led by MP Keir Hardie.