Lafite and Mouton: trading places

Lafite vs Mouton 00

Last week Lafite Rothschild 2000 traded for under £10,000 per 12×75 for the first time since 2009; before Lehman Brothers collapsed in July 2008 it was trading for £10,700. Now at £9,985, it is down 55% since peak. This is not unusual for a Lafite: it has been hardest hit by the collapse in demand from Asia. The darling of the market once commanded a 129% premium over the other First Growths, but it has since dropped to 43%.

What is interesting is that Mouton Rothschild 2000 – with 96+ from Parker compared to Lafite’s 98+ – is still trading above the £10,000 barrier. The ram has long been bucking the general market trend, having risen 84% in five years. Now it would appear to have overtaken Lafite for the very same reason that pushed the latter up: Chinese demand. 

One thought on “Lafite and Mouton: trading places

  • September 11, 2014 at 11:34 pm

    So whats new? 1982 Mouton out ran Lafite for many years then began a complete inversion of great magnitude. Maybe that is what the old descriptions meant when they said Mouton is the show horse and Lafite is the long race horse. CEM

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