The Liv-ex Fine Wine 50 Index rose 0.43 per cent last week to 340.98. The First Growths accounted for around half of exchange turnover, led by Lafite Rothschild at 15 per cent. While merchants continued to purchase large parcels of the 2009 vintage, those on the lookout for relative value were drawn to the 2005s.
The table below shows the index's most notable risers and fallers in the week to Friday. As you can see, the '05s fill three of the top five spots.
All prices are for 12x75cl cases stored in bond.
Outside the First Growths, Montrose was the most traded brand in both value and volume terms. Again, this was largely due to high hopes for the 2009, which recently received a perfect score from James Suckling.
The labels that saw the highest volumes of trade last week are listed below. Although Pontet Canet's performance was boosted by demand for Bordeaux 2009, Lynch Bages benefited from strong trade in the 2000 vintage.