Three cases of 2002 Chateau Latour, a first-growth wine estate in the Pauillac district, sold for 3,250 pounds ($5,445) each, the lowest level in four years and another sign that buyers are more interested in older Bordeaux.
Bordeaux estates Chateau Pichon Longueville Comtesse de Lalande and Chateau Ducru-Beaucaillou released prices for 2013 wines in the past week, confirming growers’ resolve to hold close to 2012 levels amid low yields.
Harry Dean Canady will learn next month whether he’ll spend the rest of his life in prison for cheating taxpayers of more than $1 million and threatening to kill the U.S. agents who brought him to justice.
Even with the smallest grape harvest since 1991 in Bordeaux, France’s biggest wine-exporting region, producers of the most-prestigious bottles will see prices fall as buyers shift to cheaper alternatives.
A case of 1995 Chateau Mouton Rothschild, a Medoc first-growth wine estate, sold for 3,250 pounds ($5,400) on Liv-ex in the past week, consolidating an 18- month rally amid signs of demand for older Bordeaux vintages.
A case of 1999 Chateau Latour, a first-growth wine estate in Bordeaux’s Pauillac district, sold for 3,457 pounds ($5,750) on Liv-ex this week, its lowest level for more than three years amid weakening Bordeaux demand.