Bordeaux 2016: Risers Outside the Bordeaux 500
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Anthony Maxwell, Liv-ex Director
- 28 Nov 2018 | News & Views
Recently, we looked at the biggest Bordeaux 2016 risers and fallers from the 50 wines represented by the Bordeaux 500 Index.
Several wines from outside of the Bordeaux 500 Index have also performed well.
The top riser is from the Left Bank—Carmes Haut Brion has gone up a dramatic 74.3% since release. The brand was the number one price performer in the Liv-ex Power 100 last year, despite not making the overall rankings.
Another brand on the move is Canon, which also appeared among the best price performers in last year’s Power 100. Its 2016 vintage is the second biggest riser from this group, as the table above demonstrates. It rose 68.7%.
Others that followed behind such as Armailhac, Alter Ego Palmer and Pavie Decesse have only gone up 5.1%, 3.2% and 2.7% respectively.
A number of wines that trade on Liv-ex and fall outside the Bordeaux 500 are still available in Bordeaux at their release price, as their stock failed to sell through. These wines include Pavie Macquin as well as Saint Pierre and Domaine Chevalier.
The UGC hosted a trade tasting of the 2016s in London; the room was full and mood was one of great optimism for the quality of the vintage. Critics are expected to publish their in-bottle reviews over the next few months. Historically, any dramatic changes to the barrel score have an immediate impact on price, particularly to those wines with upgrades. Perhaps it is worth asking your merchant if they noted any dark horses in the stable?
NB from Robert Parker Wine Advocate: Lisa Perrotti-Brown MW's forthcoming report on Bordeaux's 2016 Vintage in Bottle will be published this Friday, November 30. Stay tuned!
NB from Robert Parker Wine Advocate: Lisa Perrotti-Brown MW's forthcoming report on Bordeaux's 2016 Vintage in Bottle will be published this Friday, November 30. Stay tuned!
Readers should take note that the views of this author represent those of a company with an interest in the wine trade. Liv-ex operates the global marketplace for fine wine. It offers trading, data and settlement services to professional buyers and sellers of fine wine. Private collectors can view Liv-ex prices and value their portfolios using Cellar Watch and find regular market analysis on the blog. The opinions of Liv-ex are their own and do not represent those of Robert Parker Wine Advocate or Wine Journal. Liv-ex contributes articles to Wine Journal that we feel are of market relevance to readers, but we do not specifically endorse this company.