Wednesday 4 November 2009

Up up and away

Posted by Tom Jenkins, Bordeaux Buyer
The Liv-ex 100 recorded its seventh consecutive monthly rise, leaving the index at 234.25, up 1.9% for the month and 14.3% up for the year. Lafite continues to lead the way, but there seems to be renewed interest in Mouton. Could it be the Rothschild link? Who knows, but rumours that this is the new brand to follow in the influential Chinese market are rife. There also seems to be strong demand for La Mission Haut Brion 2005 after its 100 point showing at the Executive Wine Seminars blind tasting in New York.


Outside the Liv-ex 100, there has been some astonishing trading. One case of Clos des Papes 2007 sold for £1150, although whoever bought it must have felt pretty foolish as a case was offered soon after at £1000! Since Robert Parker's remarks about 2007 Southern Rhone, there has been a sharp upturn in demand. Well done to those who bought 2007s en primeur; wines from this red-hot vintage are becoming quite scarce and increasingly expensive to find…