April 29 (Bloomberg) -- Two cases of Chateau Lynch Bages 2000, a fifth-growth Pauillac wine estate, sold for 1,680 pounds ($2,600) each on London’s Liv-ex wine exchange today, a two-month low and 7 percent below its 2013 peak, Liv-ex data showed.
The vintage fetched as much as 2,140 pounds a case on Liv-ex in June 2011 as demand for Bordeaux wines was peaking, and dropped as low as 1,500 pounds in January after investor appetite cooled, particularly from Asia. The 2000 vintage is the most expensive Lynch Bages in merchant listings since its 1990 wine, according to data on Liv-ex’s Cellar Watch website.
To contact the reporter on this story:
Guy Collins in London at email@example.com
To contact the editor responsible for this story: Paul Sillitoe at firstname.lastname@example.org