As we previously noted, one of the biggest beneficiaries of Bordeaux’s decline since 2011 has been DRC. As prices for the Bordeaux First Growths declined, those for Burgundy’s top wine continued to rise until March 2012, and despite some dips have held relatively steady since then.
The Liv-ex DRC Index – which tracks the ten most recently physical vintages for the six DRC wines within the Liv-ex Fine Wine 1000 – has now seen a 53.2% increase in the last five years, compared to the Liv-ex 50’s drop of 20.8%.
The question today is where does the market perceive the value to lie? Both have flat lined over the past year. Looking forward, which of France’s top dogs will prove to be better value?