by Wine Owners
Posted on 2014-03-25
With a level of 221 at the end of February 2013 (baseline January 31st 2007), the Libournais Index shows a relatively flat performance, with a change of only 1.8% over a 1-year period to 228.31.
While the top movers of the Medoc Classed Growth Index were relatively affordable vintages, the Libournais Index top gainers feature higher value wines, as do the biggest fallers, perhaps indicating a rather higher level of market interest than on the left bank.
Individual high-scoring wines, however, buck the trend, with the 100 pointers La Violette 2010 and Petrus 2009 showing that a perfect Parker score can still be a market driver and suggesting that scarcity may increasingly be a market driver within the Bordeaux market, either due to tiny production or due to age.
It's arguably even more interesting to see the price of Vieux Chateau Certan 2010 fall quite significantly since the turn of the year (possibly as stockholders finally throw their hands up and start to write-down the value of their holdings?). Will Vieux Chateau Certan 2010 fall further carried by the momentum of price gravity? At some point this could be extremely tempting, for an utterly sublime wine that was considered by many (including us) to be perfect.
Create an account on www.wineowners.com to receive our analyses by email.
Get a fully inclusive Robert Parker subscription
Robert Parker’s insights are an essential information resource if you have an interest in wine. We are thrilled to share that content with our Premium members, and offer the most complete experience for the collector and wine lover.
Normally $99/y, it is available free as part of the Wine Owners’ premium plans.
Subscribe to The Collector
Get market insight delivered directly to your mailbox by subscribing to our newsletter.
Please complete the form below to request our free email newsletter.
Posted on 2019-12-12
Posted on 2019-12-09
Posted on 2019-11-04
Posted on 2019-10-02
Posted on 2019-06-05
Posted on 2015-02-13
Posted on 2014-08-18
Posted on 2014-07-02
Posted on 2014-06-13