Margaux and Haut-Brion on the rise

Bordeaux first growths Margaux and Haut-Brion are taking an increasing amount of trade by value on Liv-ex – more than the other three first growths combined.

Chateau MargauxFor the last two weeks the two estates have accounted for 21% of trade by value on the marketplace when just a year ago their share would have been just 3%.

Currently their share is more than Mouton-Rothschild, Lafite and Latour combined. Last year Liv-ex research asked wether there was value to be had from Haut-Brion, particularly the wines from 2008 to 2012, which have the lowest case prices but also some of the estate’s biggest and best scores.

Liv-ex reported on its blog that Lafite was also seeing something of a bounce in figures, rising from a low of just 5% last week to 9% in the first week of August.

It was recently noted that some “off” vintage Lafite’s such as 2011 are trading strongly even as prices decline still on the likes of the 2009s and 2010s.

Almost as proof, the 2011 saw the most trade in July, 9.5% overall, followed by 2005 Yquem which has had to drop 50% from its release price for buyers to finally pick it up.

The 2010s from Sassicaia, Cheval Blanc and Evangile were also top trades in July.

Overall, Bordeaux’s share of trade in July was only 76% of the total – its second lowest share in nine years.

One Response to “Margaux and Haut-Brion on the rise”

  1. Dom Welby says:

    Increases in trade volume in Margaux and Haut Brion not to be confused with increasing values – Haut Brion price particularly weak compared to the pther Firsts, the highly rated 2006 trading consistently below £200 per bottle since May.

Leave a Reply

Your email address will not be published.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

Subscribe to our newsletters

Head of Sales and Marketing

The Lyme Bay Cider Co Ltd
UK

Brand Manager

Hatch Mansfield
Ascot, Berkshire

Southern Regional Account Manager

Speciality Drinks
England, UK

Northern Regional Account Manager

Speciality Drinks
England, UK

Fine Wine Buyer

FINE+RARE Ltd
London, UK

Awards Sales Executive – France

Decanter
London, UK

Sales Executive / Brand Ambassador

Elixir Distillers
London, UK

Brand Development Executive

Elixir Distillers
London, UK

Sales Administrator

Company details: Advised on application
London W1

London Account Manager

Speciality Drinks
London, UK

Pink Rosé Festival

Cannes,France
7th Feb 2019

Wine Paris

Paris,France
11th Feb 2019

IBWSS UK

London,United Kingdom
11th Mar 2019
Click to view more

The Global Fortified Masters 2018

Deadline : 25th January 2019

The Global Pinot Noir Masters 2019

Deadline : 1st February 2019

Click to view more

Rioja Masters 2018

View Results

The Global Beer Competition

View Results

Click to view more