Or is it just a dead cat?
"The one thing I am sure of after having been a wine critic for 35 years is that great wines sell, and while trends and fads and cycles take place all the time, Bordeaux produces the world's largest quantity of long-lived wines that actually improve in the bottle. So Bordeaux will regain favor as it has in the past." 2013 Bordeaux: Troubled Waters Run Deep, Robert Parker, erobertparker.com, 29 August 2014
There is a feeling of positivity in the air, but it is too early to call a turn just yet. Talking trade: 29th August - 4th September, Liv-ex blog, 5 September 2014
Over three years after the market peaked, Liv-ex reported last week that their bid/offer ratio tipped over 0.5, the critical point at which prices typically start to rise. Since the beginning of August their leading indices have posted gains, chiefly as a result of renewed interest in Bordeaux. Prices of many wines seem to have returned to more sustainable levels. For the first time in a couple of years I'm finding myself outbid by other merchants when buying. So, is it time for Bordeaux lovers to return to the market? Maybe Liv-ex are right, and it's too early to call. But if you do, then here's a good place to start. We buy direct from stock holders and not from auction or from brokers, so our prices are very competitive, and provenance impeccable. Below is a selection available in bond from stock, all around about best-in-market. Our single bottle retail prices are equally competitive; watch out for highlights in a forthcoming email. /AR
Offered subject to remaining unsold; available immediately
