Lafite chateau release price offers positive encouragement

It is now just over thee weeks since the conclusion of the 2014 Bordeaux En Primeur trade tastings just before Easter and we have finally seen a significant release from a chateau that offers positive encouragement that the Bordelaise have finally listened to the market. The chateau in question is Duhart Milon which on the face of it is only a Fourth Growth. However the most significant fact is that Duhart Milon is not only owned by the Lafite Rothschild family but is next door to Chateau Lafite and is managed by the same team, overseen by Charles Chevalier, the Director of Lafite. Lafite bought Duhart Milon in 1962 and since then have replanted the vineyard and completed the renovation of the cellars and vat rooms in 2003 resulting in consistent results and high scores.

Today’s release is down 12.5% on the 2013 bottle price and 30% on the case price. More importantly it is lower than the current price of any of the previous ten vintages. Finally with a higher critcal score than any of the 2011 – 2013 vintages it appears to offer good relative value for buyers. Hopefully this release is a portent of prices to follow and would have been sanctioned by the top echelons at Chateau Lafite. We now await to see if the other top chateaux follow suit in which case we could witness the most exciting campaign since 2010. For more information please click on link below.

http://www.blog.liv-ex.com/2015/04/duhart-milon-2014-released-a-positive-sign.html