Recent trading activity
Old Bordeaux saw consistent trade at the end of July, with the 2000 vintages of Château Margaux and Château Haut-Brion, Château Latour 1995, as well as Château Montrose 1989, all changing hands.
Armand de Brignac’s Ace of Spades was among the top traded wines by value. Several grand and premier cru Burgundy from the likes of Joseph Drouhin, Domaine Arnoux-Lachaux and Domaine Sylvain Cathiard also traded.
Continued demand for Sassicaia and Cristal
*Sassicaia 2018 trades on Liv-ex since release
The main drivers of trade in the last few days of July were Sassicaia and Cristal. Both labels have seen sustained demand over last month and indeed the year-to-date.
Sassicaia 2018 was the top-traded wine by value over the weekend. It was the Super Tuscan’s top traded vintage in 2021 and has continued to be so far in 2022 as well.
Meanwhile, trade for Cristal centred on the 2014 and 2008 vintages which have led trade for the brand this year. The 2008 and 2014 respectively have been the two top-traded wines by value overall so far in 2022.
Despite their sustained trading levels over the past 18 months, all three wines have continued to rise in value – albeit at rates far less high than other labels.
The Sassicaia 2018 for example has rise 14.2% year-to-date, some way behind the 35.6% rise seen by the best-performer in the Italy 100 index – Soldera Casse Basse 2014 – but on the back of consistent trade as the chart above shows.
Likewise, the 2008 and 2014 vintages of Cristal have not been the best-performing Champagnes in the Champagne 50 index either. The 2008 has risen 20.8% ytd and the 2014 just 2.0%. That being said, demand has not wavered for either on a monthly basis.
*Cristal 2008 trades on Liv-ex since release
Opportunities to trade Champagne and Super Tuscans
You can search for all LIVE bids and offers on Champagnes and Super Tuscans over on the Exchange. There are currently close to 1,000 LIVE bids and offers on Champagne and over 1,500 for Tuscany.
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.
