2005 first growths hit five year low
2005 first growths hit five year low
Nov 20, 2012 6
(THeDrinksBusiness) - The 2005s from the Bordeaux first growths have hit a five year low after a steady decline from their 2008 highs, with price falls of over 30%.
The decrease in price has spurred a flurry of interest in the vintage, said Liv-ex, as buyers swooped on wines that have almost reached their en-primeur prices of 2006.
Mouton Rothschild in particular has fallen a lot, trading on Liv-ex recently for £3,600 a case – a mere £100 over its 2006 price – although its average October price was £3,800 (down from a high of £5,800).
In October Haut-Brion, Margaux and Latour were still around £1,000 to £2,000 above their 2006 prices at £4,426, £5,600 and £6,550 a case respectively.
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