- Bordeaux’s weekly share of trade climbed to a recent high of 35.9%.
- Champagne took four of the five places in this week’s most traded wines.
- Louis Roederer Cristal 2008, which led January trade, sold at a record high in a Methuselah this week.
Regional share this week
Bordeaux increased its share of trade again this week, climbing to 35.9%. The 2000 and 2005 vintages led trade by value within the region, while the 2018 and 2019 were its most active by volume.
Champagne, Piedmont and the Rhône also made gains, while Burgundy, Tuscany, USA and the ‘others’ category experienced small declines.
In January, the USA (10.5%) and Champagne (10.9%) took almost equal shares of the market by value.
Champagne dominates the most traded wines
Two Champagne houses launched new vintage releases this week – Louis Roederer Cristal 2014 and Pol Roger Brut Vintage 2015.
The new Cristal release has already traded on Liv-ex at £2,456 per 12×75, but the older vintages were more active this week, accounting for three of the most traded wines by value.
Cristal 2008, which was the second most-active wine this week, also led trade by value in January. While most of the recent demand has been for magnums, Methuselah bottles set a trading record at £6,019 (1×600). The wine’s Market Price has risen 87.4% since release.
Louis Roederer Cristal 2008 trades on Liv-ex
The 2013 Cristal has also been trading at a premium. The wine last changed hands at £2,338 per 12×75, up 14.9% on its current Market Price. The 2013 Cristal Rosé also met with demand at £4,480 per 12×75.
Weekly recap
This week, we took a deep dive into the performance of the Bordeaux 500 index, which represents the price movement of 500 leading wines from the region.
Liv-ex members also received updates on recent activity for Château Léoville Barton and the opportunities in the tightest markets on the trading platform.
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 560+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines. Independent data, direct from the market.
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