Lafite’s fortunes continue to fade

Château Lafite’s price premium versus its fellow first growths is continuing to fall with Mouton Rothschild and Haut-Brion catching up.

lafite premiumLafite has always maintained at least a small premium over the other four firsts, in July 2003 it stood at 6% although it had risen to 50% by the end of 2007.

Demand from Asian buyers pushed that premium to 129% after the announcement in 2010 that the 2008 vintage would carry the Chinese character for “8” on the bottle.

However, by 2011 the 2008 was already among the worst performers of Lafite’s physical vintages, suffering in the rapidly collapsing fine wine market.

The premium stood at 44% last year and has now slipped further to 35%.

In the meantime, Mouton and Haut-Brion have been gaining ground.

Mouton was given a boost by the Chinese Year of the Sheep this year, while Haut-Brion is perhaps set to narrow the gap further thanks to being the “cheapest” first growth albeit the one with the highest average score – 99.7 – across the four “great” vintages of modern times: 2000, 2005, 2009 and 2010.

Where will Lafite’s premium be next year?

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Your email address will not be published.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

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

Global Brand Manager - Ableforth’s (Bathtub Gin etc)

ATOM Supplies
Tunbridge Wells, UK

Trade Sales Manager

Wine Source Group
Central London, UK

Prowein 2018

18th Mar 2018

The City Wine Show

London,United Kingdom
13th Apr 2018

Prosecco Springs

London,United Kingdom
26th Apr 2018
Click to view more

The Global Rosé Masters 2018

Deadline : 19th March 2018

The Prosecco Masters 2018

Deadline : 19th March 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