Offered for sale in the spring 2009, few months after the start of the financial crisis, the Bordeaux 2008 premiere represented a bargain, especially for those who were able to acquire the early installments during the campaign. And in any event before Robert Parker gratifies the top marks, or exceptional. Today, the wine was delivered to their buyers, and some come to market auction. Analysis.
On Bordeaux 2008 ? Probably THE bargain of the decade for fans buying en primeur. The campaign has indeed taken place in a difficult economic environment : professional buyers were struggling to sell their stocks Bordeaux 2006 and 2007. So they have shown little appetite for wines of this vintage. Price levels have remained stable, indeed, for some, down compared to those of vintage 2007.
Since, the situation has changed considerably. Asian demand has grown at an astonishing pace. Vintages and prices 2009 and 2010 (both considered mythical), has also exploded. Should we then consider that the Bordeaux 2008 deserve to be sold at price levels similar to those of the two following vintages ?
Certainly, the vintage 2008 benefits, the eyes of the Asian market, a definite advantage : as in all years " 8 ", he is wanted for the symbolic figure of 8, Lucky in China. It has received a strong passion on the part of Asian amateurs. Provided, specialists agree that the intrinsic qualities of the vintage are not able to compete with those of the great years that followed.
Otherwise, Asian demand appears to have stabilized. This is probably temporary because of the size of the Chinese market and the appetite shown towards our great wines, but for now it seems that Asian demand pauses. The influx of fine wines to Hong Kong for over two years has helped to clog up the chain of distribution of wine. In fact, Today in sales, there is a stabilization, even during a downturn, all vintages combined, values on the most speculative (Château Lafite Rothschild and its second wine, Carruades de Lafite).
With 2008 acquired at an attractive price, fans should not be too greedy for resale, the initial investment can be quadrupled ! In auctions in recent weeks, some lots remained unsold. Sign that the cursor was placed a little high by greedy sellers ... The wine chateaux Lafite Rothschild, Pichon Longueville Baron, Pontet Canet and Leoville Barton are indeed recently found in this situation. Caution, So ...
Latest figures on Bordeaux 2008
|Wine||Rate Primeur (TTC)||Results of sale 08-09/2011||%|
|Petrus 2008||1 318,00 €||1 864,00 €||41,43%|
|Lafleur 2008||550,00 €||471,83 €||-14,21%|
|Clinet 2008||52,00 €||64,00 €||23,08%|
|Ausonius 2008||710,00 €|
|Clos Fourtet 2008||35,00 €||45,00 €||28,57%|
|Mouton Rothschild 2008||195,00 €||664,00 €||240,51%|
|there are several lots of Margaux 2008||216,00 €||446,00 €||106,48%|
|Latour 2008||259,00 €||693,18 €||167,64%|
|Ducru Beaucaillou 2008||80,00 €||113,01 €||41,26%|
|Montrose 2008 (Hermitage La Chapelle 1990 magnum)||115,00 €||163,00 €||41,74%|
|Saint-Pierre 2008||32,00 €||32,62 €||1,94%|
|Prieuré Lichine 2008||26,50 €||28,54 €||7,71%|
|Domaine de Chevalier 2008 (white)||62,00 €||89,71 €||44,69%|
|Haut-Bailly 2008||49,00 €||63,00 €||28,57%|
Futures prices : Source http://bleguern.fr/blg/primeur/index.php
Read also :
Lafite and Carruades : Is the increase over ?
To learn more about the vintage 2008, read the interview with Michel Bettane and Thierry Desseauve