- Year-to-date, the 2010 vintage has led Bordeaux trade in Asia, as upcoming tiger celebrations have heightened demand.
- Château Cheval Blanc, Château Clinet and the second wines of Lafite and Mouton Rothschild have been active.
- Pétrus, which has enjoyed continued demand, has also been the vintage’s top price performer in 2021.
2010 vintage leads Bordeaux trade by value in Asia
The approaching Chinese New Year of the tiger has heightened demand for Bordeaux 2010 – the last tiger vintage from Asia’s favourite fine wine region.
So far this year, the 2010 vintage has accounted for 13.3% of Bordeaux’s trade by value in Asia compared to 11.0% for the 2018 and 9.6% for the 2016.
The vintage, which has enjoyed high critical acclaim was released at record-breaking prices, just as the Bordeaux market had started to turn in mid-2011. Since then, many of the wines have declined in price suggesting that the vintage might now offer an interesting buying opportunity. Not least because the wines have now entered their drinking windows.
The most traded Bordeaux 2010s in Asia
Château Cheval Blanc has been one of the most traded 2010s by both volume and value in 2022. The wine currently has a Market Price of £8,295 per 12×75, 15.4% below its release price. Despite its declining value, the 2010 vintage is the most expensive wine from the château across the last fifteen years.
Château Clinet has also seen demand, having last traded for £1,200 per 12×75, up 20.6% on its release price.
The second wines of Château Lafite and Mouton Rothschild have also been in buyers’ sights. Carruades de Lafite 2010 last traded at £3,100 per 12×75, now up 14% on its release price, after an extended period in the red.
Carruades de Lafite 2010 trades on Liv-ex
Pétrus leads price performance
Pétrus has also seen increased demand for its 2010 vintage in Asia. Neal Martin (Vinous) last reviewed it during a ten-year on tasting in London, awarding it 98-points. He called it ‘a fantastic Pétrus, one of the greatest in recent years’.
The wine has been Bordeaux 2010’s top price performer in 2021, rising 30.7%.
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 560+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines. Independent data, direct from the market.
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