Pursuits
Chateau Margaux ’96 Bordeaux Declines to Six-Month Low
This article is for subscribers only.
A case of 1996 Chateau Margaux, a Bordeaux first-growth wine estate, sold for 4,600 pounds ($7,060) on the Liv-ex market, a six-month low and down 7 percent from its high for this year as demand weakened.
The transaction on July 22 was 33 percent below the record 6,900 pounds a case at which it traded in March 2011 at the height of the bull market for Bordeaux.