Liv-ex reports that Lafite and Mouton Rothschild wines have dominated the most traded wines in Asia so far this year.
Photo courtesy of: Wine Click
In recent years, the Asian (Mainland China/Hong Kong) market has typically received a boost in fine wine trading on October 1 and the eve of the Mid-Autumn Festival. Despite a difficult period for wine at the end of last year and the beginning of this year, and the fact that China was the first country to be affected by the New Crown epidemic situation, demand for premium wines has remained stable.
The best performing wines from Asia so far this year, by volume, Burgundy, Chteauneuf-du-Pape, Brunello di Montalcino are all topping the shopping lists of Asian buyers this year.
Some brands from Italy and the United States also made the top 20 best sellers by value, but overall it was Bordeaux, especially those with the Rothschild name, that topped the list. One thing to note is that older vintages and those that are ready to drink are particularly popular.
Of the top 20 wines traded in Asia this year, 15 were from Bordeaux, 13 were from Château Lafite or Mouton Rothschild, and even one of the California wines on the list, Opus One, was associated with Mouton.
Photo courtesy of: Wine Click
The four wines with the highest traded values are the Lafite 2016, 2017, 2014 and 2010 vintages They are a clever blend of two highly premium vintages and two non-premium vintages for early drinking.
Opus One"s critically acclaimed 2016 vintage was the fifth most traded wine of the year and its 2017 ranked seventh in terms of volume. The other vintages traded for Lafite wines were: 2008, 2013, 2009 and the second wine of 2017 Carruades.
Meanwhile, all of the Mouton wines traded were pre-2010 wines, with 2005 having the highest volume (6th), followed by 2008, 2006, 2002 and 2003.
The non-Rothschild Bordeaux wines in the trading area were the 2004 vintage of Latour and the 2015 vintage of Pichon Baron. The only other wines to be found outside of Gironde were the Super Tuscan Sassicaia 2017, the Louis Roederer Crystal Champagne 2012, the two Opus One vintages mentioned above, and the Caymus 2014 Special Selection Cabernet Sauvignon.
