A case of 2000 Chateau Mouton Rothschild, a Medoc first-growth wine estate, sold for 9,810 pounds ($16,040) on Liv-ex yesterday, its lowest level for five months amid weakening demand for top Bordeaux vintages.
A case of 2009 Chateau Mouton Rothschild, a Medoc first-growth wine estate, sold for 5,059 pounds ($8,240) on Liv-ex in the past week, its lowest level for 14 months amid weakening demand for top Bordeaux vintages.
A case of 2004 Chateau Latour, a first-growth wine estate in Bordeaux’s Pauillac district north of the city, sold for 3,366 pounds ($5,500) on Liv-ex this week, its lowest level for six months amid weakening Bordeaux demand.
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 Chateau Lafite-Rothschild 1959 fetched $44,100 at a Christie’s International Plc sale in New York, beating its estimate amid demand for historic wines even as investors have shunned more recent Bordeaux vintages.
Three cases of 2006 Chateau Mouton Rothschild sold for 3,560 pounds ($5,710) each on Liv-ex since the start of last week, near the eight-month low of 3,550 pounds touched Oct. 29 amid weakening demand for top Bordeaux vintages.
A case of 2009 Chateau Lafite Rothschild sold for 6,750 pounds ($10,900) on the Liv-ex market last week, taking the vintage to a record low amid selling pressure on top Bordeaux as investors focus on other regions.
Four cases of 2008 Chateau Latour, a Bordeaux first-growth estate, sold for 4,000 pounds ($6,410) a case in three trades on Liv-ex this month, taking the vintage to its lowest level on the London exchange since February 2010.