Tuesday 22 December 2009

Closed for Christmas

Posted by Tom Jenkins, Bordeaux Buyer


Thank you for visiting the Justerini & Brooks buyers’ blog. Unfortunately the blog is taking a break for Christmas until the 4th of January. We would like to wish all our readers a merry Christmas and happy New Year. We’ll be back with more news from the vineyard, first tastings from barrel, market movers, auction results and growers’ reports in 2010.

Quelle surprise

Posted by Tom Jenkins, Bordeaux Buyer
The 2009 `Liv-ex Fine Wine Power 100` poll is out, and no surprises for the winner, Chateau Lafite Rothschild. The only shock is that Lafite was only in sixth spot last year...

The results are compiled by the Liv-ex boffins, who analyse data including the volume of trades on the exchange, the average Parker scores, average prices, annual performance and a weighted production (average price multiplied by the total production).

There are some fascinating results. Lafite accounts for a staggering 23% of business on the exchange, with the other first growths taking the next four places. Taylors, way down in 48th position has the highest average Parker score (97.2 points!). Petrus, DRC and Le Pin have the highest average prices, all exceeding 10K per case. Price performance is probably the most important statistic used, and it is Carruades de Lafite, not Lafite that leads the way (up 55%), followed by Duhart (33%) and completing a 1-2-3 for Domaines Barons de Rothschild, the Grand Vin, Lafite (up 26%). The only other contender in this category is Beychevelle, with a very respectable 23% rise.

For the full report, please follow the link below.

http://liv-ex.typepad.com/.a/6a00e55150c0be8834012876528b9f970c-popup