Bordeaux and Port in buyers’ sights

“Accessibly priced” Bordeaux and Port are exciting buyers’ interest in the run-up to Christmas according to Liv-ex and Lafite bounced back last month.

With end of year “sogginess” causing the major indices to collapse as thoroughly as a particularly cheap cardboard box in a very large puddle, by volume things are looking brighter.

Liv-ex has reported that, “activity for Port and accessibly priced Bordeaux has been growing” in the run-up to Christmas so that overall volume trades are at their highest since March of this year.

Meanwhile, Lafite remained “comfortably” the most traded label on the exchange by value in November said Liv-ex. “It alone accounted for 10% of activity by value,” and its 2009 and 2010 vintages represented a fifth of the estate’s trades.

Other active brands included: Mouton Rothschild, Haut-Brion, Petrus and Ornellaia.