Liv-ex sees ‘steady’ trade in 2010s
Liv-ex sees ‘steady’ trade in 2010s
Mar 15, 2013 6
(TheDrinksBusiness) - Bordeaux 2010 has accounted for 13% of all trade by value so far in March on the Liv-ex index.
bordeaux-surveyLiv-ex reported on its blog that while the 2010s still lag behind the 2009s in terms of trade, it is the most concerted period of activity the vintage has seen in the past year.
As previously suggested, the wines seeing the most trade were those scored highly by Robert Parker in his latest in-bottle rankings.
Five of his 10 “perfect” wines (Latour, Cheval Blanc, Pontet-Canet, Pape Clement and Le Dome) have seen trade.
Le Dome in particular has seen a significant rise in price, having shot up nearly 100% in value but its scarcity has meant it has accounted for relatively little trade by volume.
The continuing problem with 2010 is that its release prices were, in many cases, prohibitively high.
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