Bordeaux prices back to 2010 levels

After several years of declines, the price of Bordeaux has crept back up to 2010 levels for the first time according to fine wine merchant Bordeaux Index.

Château Mouton Rothschild

Château Mouton Rothschild

As reported by the FT, Bordeaux Index announced today that Bordeaux prices are back at 2010 levels, with prices for some of the region’s top estates having returned to 2005/06 levels.

BI said the majority of supply excess responsible for causing prices to dip has “worked out of the market”, while export demand continues to pick up, driven by a desire for classed growth Bordeaux in Hong Kong.

“We saw new ground broken with some astonishing prices achieved at Sotheby’s ex-Chateau auction of wines from Mouton Rothschild,” Guy Ruston, managing director of Bordeaux Index Hong Kong told the FT.

Wines traded via BI’s online dealing platform LiveTrade last year rose 22% on 2013, with a 28% increase in Asia.

Meanwhile, last month the Liv-ex Fine Wine 100 index saw its biggest monthly rise in in two years, climbing nearly 2% in January, driven by 2005 Bordeaux. The first growth tracking Fine Wine 50 index also saw a 1.8% rise.

January was Bordeaux’s month and in particular for the 2005 vintage due to US critic Robert Parker’s recent reappraisal, which upped several estates’ scores.

Four of the five best risers in January were from the 2005 vintage: Haut-Brion, Latour, Mouton Rothschild and La Mission Haut-Brion.

Mouton Rothschild 2005 has gained the most publicity from its recent upgrade to 98+ points. Since July 2014 it has risen almost 25% and recorded a 12.8% increase over January.

Leave a Reply

Your email address will not be published.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

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Regional Account Manager

Scotland, UK

Retail Assistant Manager

The Whisky Exchange

Retail Supervisor

The Whisky Exchange

Retail Sales Advisor

The Whisky Exchange

Retail Manager

Friarwood Fine Wines
SW London, UK

Assistant Manager

Seven Cellars
Brighton, UK

Key Account Manager

MMI Dubai
Dubai, UAE

Head of Supply Chain

Lanson International UK Ltd
London W1, UK

National Account Executive

Home Based working in Central Belt. Glasgow/Edinburgh, UK

The City Wine Show

London,United Kingdom
13th Apr 2018

Prosecco Springs

London,United Kingdom
26th Apr 2018

Spirits & More

19th May 2018
Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more