Wines from Burgundy, the Mosel, California and Champagne topped the most-traded labels this bank holiday weekend in the UK.
Domaine Arnoux-Lachaux’s 2019 Vosne-Romanée was the most traded wine by value, closely followed by Domaine Georges Roumier’s 2001 Bonnes Mares.
The Burgundy 150 has been the best-performing sub-index of the Liv-ex 1000 so far this year, indicative of continued demand for Burgundy in the secondary market.
Burgundy took the largest share of trade for any region over the bank holiday, 19.7% in total.
Egon Müller’s 2020 vintage of Scharzhofberger Riesling Spätlese also proved popular, alongside Harlan Estate 2016 and Salon 2012.
Both California and Champagne are two more regions enjoying sustained demand at present. Over the bank holiday they accounted for 6.0% and 12.8% of trade respectively.
Although no single label traded enough to rank in the top five, both Bordeaux and Piedmont also traded well last weekend, taking a further 16.7% and 10.8% of trade by value each.
Weekend trade on Liv-ex is on a steady upward trend. March 2021, when US buyers returned to the market in force after the suspension of tariffs, remains the all-time record month for weekend trade.
Nonetheless, towards the end of 2021 and so far in 2022, several months have seen their weekend trade levels come close to challenging that record.
Liv-ex is open 24 hours a day, seven days a week, all year long, allowing access to over £100 million of LIVE opportunities at a moment’s notice. Unlike most mainstream financial exchanges this allows trading to take place over the weekend.
The key to successful weekend trade is LIVE offers. These offers are reflected globally through individual member’s websites allowing their customers to browse and shop while the office is closed. This service is made possible through our automation services.
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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.
