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This bottle of red wine has been voted one of the world’s best - and it’s under £5

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A bottle of red wine from Asda, currently on offer at £4.37 a bottle has been voted best in show at the prestigious Decanter awards.

Beating off 16,000 other wines from around the world that were blind tasted by 240 experts, the wallet-friendly La Moneda Reserva Malbec from Chile has come out on top of the "wines under £15 category", described as being "full of energy."

The award adds to an emerging democratisation of the wine industry, with the wine market in Eastern Europe and China expanding, and the recent championing of a bottle of English Sparkling Wine in a tasting by wine bar Noble Rot.

"Our sole purpose is to recognise and reward quality, this is what consumers all over the world are interested in," the Decanter chairman, Steven Spurrier, said. "We only award medals to wines in which consumers can have the utmost confidence."

La Moneda Reserva Malbec award-winning wine from Asda

The award-winning wine

"At just £5.75, the exclusive La Moneda Reserva Malbec is the perfect example of how we're able to offer shoppers exceptional quality at low prices. The La Moneda Reserva Malbec is also currently on rollback at £4.37, and as the perfect match to barbecued meats, we're expecting high demand in the coming weeks," Ed Betts, wine buying manager at Asda told The Independent.

But whether you're a dedicated tracker of wine trends or not, it's difficult to argue with £4.37 for an award-winning bottle of wine. 

On Asda's site, the Malbec is described as "dark and brooding, this Malbec is deliciously smooth and juicy with rich blackberry, black cherry and damson fruit." Malbec traditionally pairs very well with red meats, and it would be ideal alongside a barbecue.

The only problem now will be getting your hands on a bottle.

Buy La Moneda Reserva Malbec here

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