Wine News 

Carruades '02 Challenges Lafite on Strong Demand for Second Labels, Liv-ex Says

October 29, 2017

The 2002 vintage of Carruades de Lafite, the second wine of Chateau Lafite-Rothschild, has shown a much stronger percentage increase in its price over the past 14 years than the estate's main wine, as demand generally for the second wines of first-growth vineyards has developed, according to the London-based Liv-ex wine market.

While Chateau Lafite's main wine for the 2002 vintage was released at 680 pounds ($893) per 12-bottle case, Carruades '02 is now trading at 2,200 pounds, 200 percent higher than the Lafite release price and 1,150 percent above its own release price, according to the Liv-ex Insights post.

In similar vein, the 2008 vintage of Chateau Margaux's second wine Pavillon Rouge recently traded at a record high 1,600 pounds a case, not only taking it 10 pounds above the release price of Margaux's main wine for that vintage but also boosting it above the heights Pavillon Rouge '08 reached during the bull market of 2009 to 2011, according to Liv-ex. 

 

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