Krug and Rousseau best November performers4th December, 2013 by Rupert Millar
Krug 1996 and Armand Rousseau’s 2009 Chambertin Clos de Bèze topped the Liv-ex charts in November as the Fine Wine 100 dropped over 2%.
The Liv-ex 50, which tracks the last 10 physical vintages of the five first growths also dipped 2.37%.
Domaine de la Romanée-Conti, the darling of Burgundy collectors has dropped out of the best performers this month having topped the October list.
Its place is taken at the top by the ’96 Krug which rose 7.6% to £2,625 a case, “seasonal demand pushing the region to the fore” being one explanation from Liv-ex’s blog.
Rousseau’s ’09 Clos de Bèze took its place as the Burgundian representative with a 7.1% rise to £9,494 a case.
Montrose remained in the top five best performers at number three but it was its 2010 not the 2009 vintage from October which secured its position. It saw a 6% jump to £1,388 a case.
Montrose is one of the Left Bank Bordeaux performing well of late due to good scores and affordable prices.
Latour 2001 at £3,880 a case thanks to a 4.9% rise was at number four and Ducru Beaucaillou’s 2009 – recently voted the “best Cabernet blend” in the world – also jumped 4.9% to £1,940 a case.
In the worst performers were a large amount of 2009s, many of which are still finding a level in the market hence their probable inclusion.
Haut-Brion 2010 (still not being able to capitalise on what are apparently some of the best scores and prices of all the first growths) fell 6.3% to £5,420 a case.
Mouton Rothschild’s 2009 fell 6.4% which is in stark contrast to its 2000 vintage which is storming back to 2011 price levels.
Cos d’Estournel 2009 which was one of last month’s best performers dropped 6.5% to a little over £2,000 a case.
The 2005 Latour dropped 6.8% to around £6,500 a case and the month’s worst performer was La Mission Haut-Brion 2009 with a hefty 12.1% drop down to £4,234 a case.
Following a good showing last month, things remain up and down for the 2009s.