Lafite 2010 Falls to Lowest This year on Liv-ex Market

August 14, 2015

Six bottles of Chateau Lafite Rothschild 2010 wine sold for 2,550 pounds ($3,990) on the London-based Liv-ex wine market this week, taking the vintage to its lowest level this year as demand remained weak for top Bordeaux labels.

The sale, equal to 425 pounds a bottle, took the wine closer to the record low touched last December, when six bottles sold for 2,300 pounds, or 383 pounds a bottle, according to data on Liv-ex’s Cellar Watch website.

Lafite reached 12,500 pounds a case when it was first sold on Liv-ex in June 2011, tumbled below 8,000 pounds in September 2012 and hasn’t traded above 6,000 pounds since June last year. A two percent drop from current levels would take it below 5,000 pounds.

The 2010 vintage was given a 98-point rating by U.S. critic Robert Parker in February 2013, putting it among the top five of the past 15 years on his 100-point scale, according to the eRobertParker.com website.

Continue Reading: Bloomberg Business





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