- Champagne, the Rhône, Tuscany, USA and the ‘others’ increased their weekly trade share.
- Louis Roederer Cristal 2014 was the most active wine by value, while Pétrus 2009 traded at a new high.
- This week’s insights included analysis of fine wine buying trends in the Asian and US markets, and the recent demand for Chablis and Bordeaux’s Second Growths.
Regional trade this week
Bordeaux and Burgundy’s trade shares dipped this week, as wines from Tuscany and the ‘others’ category gathered momentum. Within Bordeaux, the 2019 vintage led trade by both value and volume.
The 2014 vintage, which emerged as another buyers’ favourite during this year’s En Primeur campaign, was the second most active by volume. Meanwhile, Burgundy was led by the 2010 vintage by value, and 2019 by volume.
Tuscany was on the move, more than doubling its share on the previous week, from 4.0% to 9.9%. The 2019 vintage of the Super Tuscans Tignanello and Sassicaia met with the most demand.
Trade within the ‘others’ category (5.1%) was led by Germany, which took 1.8% of the total market – a recent high for the region. Assortment cases from Weingut Keller and Schloss Johannisberg Riesling Grünlack Riesling Spätlese 2019 changed hands.
This week’s top traded
The most traded wine by volume year-to-date, Louis Roederer Cristal 2014, topped the list of the most active wines by value this week. It last traded for £2,476 per 12×75, up 3.2% on its release price.
While Bordeaux’s share fell below 40%, the rest of the most traded wines came from the region. The 2015 and 2016 vintages of Le Pin appeared in the rankings.
Meanwhile, Pétrus 2009, which last sold for £46,980 per 12×75, set an all-time high for a normal bottle format (75cl) earlier this week, when it traded for £50,152 per 12×75. Previous record breaking trades for the wine were for 300cl bottles, as the chart below shows.
The wine boasts 100-points from Robert Parker and Lisa Perrotti-Brown MW (at the time writing for The Wine Advocate). When tasting it in 2011, Parker claimed that he suspected ‘this wine will always be ‘open for business’’. He predicted a drinking window of ‘2016-2050+’.
Pétrus 2009 trades on Liv-ex
Weekly recap
This week we looked at fine wine buying trends in Asia and the USA, including regional trade share and the most in-demand wines in these markets.
Liv-ex members received further updates on the recent performance of Chablis and the Bordeaux Second Growths. We also looked at the regions with the highest bid:offer ratio – a key determinant of demand.
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 600 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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