Although Lafite no longer commands the share of trade it used to there are vintages that are still attracting buyers’ interest.
Liv-ex considered a statement made by Robert Parker 10 years ago about first growth pricing and has found him to be largely correct.
After a recent surge, Champagne’s price appreciation has shuddered to a halt in 2014 although it may just be a temporary blip.
Liv-ex has compiled a list of the most searched-for wines on its website and while Bordeaux still dominates the rise of the rest of the world is also evident.
The Liv-ex 100 index has fallen back to October 2009 levels in June following 15 months of decline, with Bordeaux stabilising somewhat and DRC’s La Tâche taking a severe tumble.
Saint-Emilion estate, Clos Fourtet, has recorded one of the best performances so far this year of any Bordeaux property.
Lafite’s premium over its fellow first growths is narrowing as poor performing vintages start to make their way into its Liv-ex sub-index.
Liv-ex director James Miles on the origin and role of exchanges, and why they’ve played a central role in the growth of the global market.
The Liv-ex indices continued their decline throughout May with first growth prices continuing to sink and non-Bordeaux fine wines strengthening their position in the market.
The Bordeaux 2011s have received a boost since Robert Parker’s in-bottle scores, with trades in the vintage almost up to almost 20% of Bordeaux trading activity on Liv-ex this month.
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