How did the year turn out in the Fine Wine Market?

It was a good year for fine wine in 2011 with auction houses  reporting solid sales but the Bordeaux market and prices are expected to fall further in 2012.


Wine sales at auction house in 2011:
-Acker Merrall & Condit topped $110 million,
-Christie's sales are more than $90 million,
-Sotheby's wine auctions hit $85,5 million,
-Bonhams finished at $17 million.


Richard Harvey predicts prices for Lafite, Latour, Margaux, Haut-Brion and Mouton will
 remain stables, or even dip further in the first three months of 2012. Cases of 1982 Lafite, which sold in March more than $60 000 a case were fetching less than $45 000 at auction. The dip makes it unlikely that the 300 bottle of Chateau Lafite-Rotschild with vintages between 1981 and 2005 that was sold more than $539 000 will reach that level again soon.
Prices for Burgundy, specifically Domaine Romanee-Conti, are expected to remain high because the amount of wines produced in the region is so small. But in Burgundy, auction prices were lower this year. At the Hospices de Beaune auction in November, where wealthy wine enthusiasts bid in a yearly sale whose proceeds are donated to charity, the average prices were down by 6,2 percent for reds and 12,9 percent for whites.


The fine wine market is in constant evolution and we can have a pretty good outook in terms of the growth of this market in the long term. There will be new new byers, new collectors, new drinkers from around the world.

NEWS: Anish Kapoor illustrates the Label of Château Mouton Rotschild 2009

Every Year since 1945, a great artist has created an original artwork for the Château Mouton Rotschild Label. Thus, the most famous names in contemporary art are brought together in a colection to which a new work is added each year.
The commission to illustrate the 2009 vintage was given to the sculptor, painter and visual artist Anish Kapoor, a british citizen  of indian origin, born in Mumbai in 1954 and leading figure of contemporary art. His work reflects and transcends world's diversity through a constant invention of forms that offer the viewer unforgettable experiences.
At once austere and flamboyant, the gouache he has created for Mouton Rotschild2009 expresses the fertile thrust of plant life, the result of an intense encounter between matter and light.


About Château Mouton Roschild 
Premier Cru Classé
200 acres of vines at Pauillac in the Medoc
Grapes Varieties: 
83 % Cabernet Sauvignon,
3 % Cabernet Franc
14 % Merlot
Vintage 2009: the wine has a very deep, almost black colour. the stylish and complex nose displays aromas of bilberry, blackcurrant and blond tabacco that mingle with  subtle cedarwood and spice notes. The same refinement and density are to be found on the palate with patrician, well-rounded tannins, revealing remarkable structure and balance right through to the long and opulent finish.

The great Bordeaux in December, it's Christmas!

Twelve Parisian restaurants create the event this month. Until December 31st, well-included New Year eves, they propose a large selection of Bordeaux with new price, which is accessible. Ten castles were selected, in vintage ready to drink, like Figeac on 2000 to Yquem on 2008, and Beychevelle, Conseillante, Calon Ségur or Pape Clément.

This operation aims at reconciling the amateurs of great wines with the best wine of Bordeaux, often proposed in disheartening price lists. That is why it was baptized " Carte sur Table ", with attractive prices, as Pétrus on 2004 at 500 euro, Lafite on 2001 at 520 euro, or Brane Cantenac at 85 euro. It is to say that in card (menu), it is indeed the trump card

The group Duclot, while a big trader of Bordeaux, who so wished to go towards the final consumer, through Grand Crus, a recognized specialist of which he is. His subsidiary La VINICOLE, dedicated to the sale of these wines in restoration.

 

Any information on the site to www.cartesurtable.fr.