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Your email address will not be published.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

Sales Administrator

Ellis Wines
Hanworth, Middx, IU

Sales Support Executive

Davy's
London, UK

Partner Manager – On-trade - Greater London

Maverick Drinks
London/M25 belt, UK

Partner Manager – On-trade - North West

Maverick Drinks
Manchester, UK

Partner Manager – On-trade - West & Wales

Maverick Drinks
Bristol, UK

Partner Manager – On-trade - South East

Maverick Drinks
Brighton, UK

Events Sales Executive

The Drinks Business
Central London, UK

Sale & Operations Manager

Marussia Beverages
Marylebone, London, UK

Pink Rosé Festival

Cannes,France
7th Feb 2018

VinoVision Paris

Paris,France
12th Feb 2018

Vinisud

Montpellier,France
18th Feb 2018
Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more