Mouton 1996 begins to stir
28th November, 2012 by Rupert Millar
Mouton Rothschild 1996 began to climb in value on Liv-ex last week, suggesting buyers have spotted an opportunity.
Mouton Rothschild overall accounted for 22% of trade by value last week on the index, the foundations for this success largely laid by a fortnight of strong trade for the 1996.
The factors in this recent popularity are many. Liv-ex pointed out that the wine has 14 years in bottle, good scores and, crucially, is trading at prices not seen since April 2010.
The wine was down to £2,850 a case last week but that is already creeping up and past £3,000.
The 1996 is not alone in attracting attention of late as Bordeaux prices settle back to less extreme levels.
It was recently noted that the 2005s, having in some cases sunk back almost to their 2006 release prices, were picking up interest again from buyers.