Chinese interest turns to Romanée-Conti

Mounting interest in Domaine de la Romanée-Conti has led one wine merchant to say it could become Asia’s “new Lafite”.

Bordeaux Index founder Gary Boom noted that with prices and orders for the estate’s wines going steadily up, DRC was probably benefiting from an increasing diversification in Asian buyers interests, which also encompasses the second growths.

He said: “These wines are benefiting from new attention from Asia. Buyers from Singapore and China are definitely being more open-minded, with DRC in particular proving popular.

“We’ve seen a whole host of various DRC wines in all formats being snapped up like there’s no tomorrow. If this level of demand continues, DRC may end up becoming ‘the new Lafite’ in China.”

The burgeoning interest in other châteaux has been noted before by the merchant and with it a falling away of interest in Lafite.

As noted recently by the drinks business, a downward turn by Lafite on the Liv-ex indices has had a negative impact on prices of other wines.