The 2010 vintage of Chateau Clerc Milon, part of the Baron Philippe de Rothschild SA stable of wines, has risen 46 percent in price since its en primeur release to trade above family rival Chateau Duhart Milon, according to the London-based online Liv-ex wine market.
Clerc Milon is trading at 775 pounds ($1,033) per 12-bottle case, up from its release level of 530 pounds, while close neighbor Duhart Milon, released at 1,000 pounds a case, has dropped 30 percent to 700 pounds.
Duhart Milon is owned by Les Domaines Barons de Rothschild (Lafite), the holding company for the branch of the family which owns Chateau Lafite Rothschild, while Clerc Milon is under the ownership of the other branch of the family, which owns Chateau Mouton Rothschild. Both are close to the first-growth Pauillac estates which with they are associated.
The 2010 vintage was released to merchants in the spring of 2011, at the height of the bull market for Bordeaux, and Duhart benefited from a strong demand for Lafite and all wines associated with it. Clerc Milon, in contrast, had a lower profile at that time, but has been boosted by considerable investment and marketing in the intervening years, including the inauguration of a new winery.
Other Rothschild wines from that year, judged by critics to be among the top half-dozen vintages of the century so far for Bordeaux along with the 2000, 2005, 2009, 2015 and 2016, have had mixed fortunes. While the main wine of Mouton Rothschild has dropped 25 percent to 5,800 pounds a case, its second wine Petit Mouton has jumped 41 percent to 1,900 pounds, according to Liv-ex. Lafite in contrast has tumbled 43 percent to 6,900 pounds.
Other top gainers include Le Pin in Pomerol, up 94 percent to 35,000 pounds a case, Chateau Pape Clement in Pessac Leognan, Chateau Gazin in Pomerol, Chateau Pontet Canet in Pauillac and Chateau Smith Haut Lafitte in Pessac-Leognan, according to Liv-ex. Top Sauternes dessert wines including Chateau d'Yquem, Chateau Rieussec and Chateau Suduiraut were prominent among the decliners.