Eglise Clinet '17 Priced 25% Below 2016 Level, Liv-ex Says

Chateau Eglise Clinet, a wine estate in the Pomerol region of Bordeaux, priced its 2017 vintage at 168 euros ($195) a bottle ex-Bordeaux negociant, down 25 percent from its 2016 release price of 225 euros, according to Liv-ex. The size of the reduction was on the high end of the 5 percent to 20 percent range by which most wine estates reduced their prices, according to Liv-ex data.