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





Also in News

Behind the Cristal Ball
Behind the Cristal Ball

January 10, 2019

Frédéric Rouzard, a direct descendant of Louis Roederer spoke to the recent changes the champagne house has made. 

Continue Reading

The Best Investments of 2018? Art, Wine and Cars
The Best Investments of 2018? Art, Wine and Cars

January 03, 2019

Luxury investments have a staying power—there will always be a market for products people love. Wine investors have seen a 10.2 % gain this year.

Continue Reading

Holiday Gift Guide 2018: Best Champagne and Sparkling Wines
Holiday Gift Guide 2018: Best Champagne and Sparkling Wines

December 20, 2018

While France's hold on sparkling wines remains the gold standard, the French have more competition than ever, as the Italians and the British hone their bubbly craft.

Continue Reading