Sunday, January 1, 2017

Bordeaux wines rebound after a 5-year decline

From Bloomberg
The Bordeaux wine market confirmed its recovery in 2016 after five years of declines that cut prices of the region’s leading wines by more than 40% from their 2011 peak, according to a review from the London-based Liv-ex exchange.

The "Liv-ex Fine Wine 50," comprised of 10 recent vintages of Bordeaux first-growth wines including Chateau Lafite Rothschild and Chateau Latour, climbed about 26% for the year, and was heading for its 13th straight monthly gain in December, according to Liv-ex data.

Even with that rebound ... the index remained some 25% below the peak reached ... from 2008 to 2011, according to Liv-ex.
Go here for the full story. And, go here to visit the official Bordeaux wine website.

Go here to visit the Capital Region Brew Trail
Go here to visit Dowd's New York Wines Notebook
Go here to visit Notes On Napkins 

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