Interest in off-vintages spreads

20th December, 2012 by Rupert Millar

The Liv-ex 50 has continued to rise thanks to a steady increase in interest for weaker vintages of the first growths.

The five Bordeaux first growthsThe increased trade has in turn led to the ratio of bids to offers on the index rising to a six month high. The Bordeaux first growths accounted for 50% of weekly trade by value for the first time since August and the Liv-ex 50 reached its highest level since October – 299.51.

Liv-ex reported that the interest in vintages such as 2001, 2004 and 2006, which began with Lafite, has now filtered through to all the firsts.

Trade for Château Margaux from 2001, 2001, 2002, 2004, 2006, 2007 and 2008 is currently six times that of trade for the 2000s, 2003s, 2005s, 2009s and 2010s.

The 2009s are still leading by value but it is the 2004s seeing the highest trade by volume.

The full list of risers and fallers can be seen on Liv-ex here.

The chief risers though were: Margaux 2004, which rose 5.9% from its December 2011 price of £2,643 a case to £2,800 at is last trade; Latour 2002 went up 5.7% from £3,500 to £3,700 since December last year and Mouton 2003 grew 3.6% from £2,950 to £3,057.

The biggest fallers were: Lafite 2009, which dipped 28% from a December 2011 high of £9,800 a case to £7,000 at its last trade; the ill-starred Mouton 2008 dropped 27% from £4,400 to £3,200 and Lafite 2007 fell 24% from £6,800 to £5,150.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Job vacancies

Sales Manager – Midlands and South West

Pol Roger Portfolio
Midlands and South West

UK Brand Ambassador - That Boutique-y Gin Company

That Boutique-y Gin Company
Tunbridge Wells, Kent, UK

Senior National Account Manager – Grocery (Craft Spirits)

Maverick Drinks
Tunbridge Wells, Kent, UK

Senior National Account Manager – Wholesale RTM (Craft Spirits)

Maverick Drinks
Tunbridge Wells, Kent, UK

Digital Marketing Manager

Master of Malt
Tunbridge Wells, Kent, UK

Experienced On Trade Sales Person

Borough Wine Imports
London, GB

3 x Business Development Executive

The Lakes Distillery Company Limited
Newcastle head office and nationwide, UK

Editor

Master of Malt Ltd
Tunbridge Wells(Kent)

Sales Account Manager - On-Trade

Berkmann Wine Cellars
Liverpool

Brand Manager

Hallgarten Druitt
Luton, UK

Experienced On-Trade Salespeople Required

Portal Wines and Spirits
London, UK

Purchasing and Sales (Wine Trader)

JF Tobias
London, UK

The Global Merlot Masters 2017

Deadline : 17th April 2017

db Awards 2017

Deadline : 28th April 2017

The Global Organic Masters 2017

Deadline : 14th April 2017

The Global Sparkling Masters 2017

Deadline : 12th May 2017

Click to view more

Global Chardonnay Masters 2016

Now in its fourth year, the competition will identify the best Chardonnay from all around the world in every price range.

Rioja Masters 2016

Now in its fifth year, the competition will recognise and reward the finest Riojas on the world stage.

Fortified Masters 2016

Now in its third year, The Fortified Masters will reward the best fortified wines on offer.

The Global Malbec Masters 2016

the drinks business is proud to announce the inaugural Global Malbec Masters 2016.

Click to view more