- Bordeaux, Champagne, the Rhône and the USA increased their trade share this week.
- Domaine Faiveley Chambertin-Clos de Bèze Les Ouvrées Rodin Grand Cru 2020 was the top traded wine.
- Weekly insights included analysis of the first releases of this year’s La Place campaign, the secondary market for biodynamic wine and coverage of Jane Anson’s latest report.
Regional trade this week
Bordeaux’s trade share increased from 36.9% to 38.6% this week, driven by activity for its 2019 and 2016 vintages.
Burgundy’s share stayed above 30% but dipped on last week. Its 2019 and 2020 vintages were the most traded, with red wine accounting for 79.2% of the region’s total trade.
Champagne improved after small declines in the second half of the month. The region has firmly cemented its place as the third most actively traded region so far this year.
The Rhône and the USA also enjoyed an uptick in activity, accounting for 4.3% and 4.1% of the market respectively.
For the first time ever, Burgundy was the top traded region on a monthly basis. The region’s weekly trade has surpassed Bordeaux on a number of occasions throughout the year. Bordeaux’s monthly trade share of 32.2% in August is its lowest in the last six months.
This week’s top traded
The most traded wines this week came from Burgundy, Bordeaux and the states. Domaine Faiveley Chambertin-Clos de Bèze Les Ouvrées Rodin Grand Cru 2020 took the top spot.
Château Lafleur 2019 came in second, trading 0.2% below its Market Price. However, the wine is up an impressive 179.3% since release. It boasts 100-points from major critics, including The Wine Advocate’s William Kelley, Neal Martin (Vinous), Jeb Dunnuck and James Suckling.
Château Gruaud Larose 2016, which ranked fifth, set a new trading high of £680 per 12×75. The wine is up 9.7% on release.
Weekly recap
The first wave of autumn La Place de Bordeaux releases are out. The campaign began on Tuesday with the release of the 2019 Clos Apalta.
Château Rieussec 2020 and R de Rieussec 2021 followed on Wednesday. The sweet wine was offered at €75 per bottle ex-négociant, while the dry was offered at €17. Yesterday also saw the release of Seña 2020 and the first vintage of its second wine, Rocas de Seña.
Meanwhile, Jane Anson released her report reviewing this autumn’s offerings, which included two 100-point scores for Catena Zapata’s Adrianna Vineyard Mundus Bacillus Terrae 2019 and Inglenook Rubicon 2019. We were also pleased to announce that Liv-ex members can now bring Anson’s scores and tasting notes into their system and website automatically.
We published further analysis on the secondary market for biodynamic wine ahead of the Chinese Moon Festival, and demand for California and Chile.
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 £80m of bids and offers across 16,000 wines. Independent data, direct from the market.
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