Pursuits
Montrose ’08 Declines to Six-Month Low of $850 in London
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Two cases of the 2008 vintage from Chateau Montrose, a Bordeaux wine estate in Saint-Estephe, sold for 550 pounds ($850) each on the London-based Liv-ex market in the past week, taking the vintage to a six-month low.
The sale on Aug. 29 was 12 percent below this year’s peak, reached in March, and down 43 percent from the record 964 pounds a case touched in July 2011, when Chinese buyers were fueling a bull market in Bordeaux classed growths.