Recent trading activity
On Friday and over the weekend trade focused on Bordeaux, which accounted for 44.5% of the total. Petrus 2017 and Château Lafite Rothschild 2018 saw action, along with Château Mouton Rothschild 2000.
Burgundy followed, accounting for 17.9%, just ahead of Champagne (16.3%). Once again, Louis Roederer Cristal 2008 was among the top traded. Dom Pérignon P2 2003 also traded at an all-time high.
Carruades de Lafite trades at all-time highs
Carruades de Lafite 2011 trades
Another wine that traded at a record high this weekend was Carruades de Lafite 2011. The wine changed hands at £3,100 per 12×75 (packed as 6×75), representing a 165% increase on its release price of £1,170 per case.
Its 2016 vintage also reached a new high last Wednesday (26th October) of £3,450 per 12×75, before trading at a slightly lower price two days later.
Carruades de Lafite 2016 trades
Carruades de Lafite 2016 is one of the top-performing wines in the Second Wines 50 index year-to-date. The wine is up 5.9%, ranking ninth in the top 10 list shown below.
In top place is Pavillon Rouge du Château Margaux 2013, followed by Le Clarence de Haut-Brion 2010, up 11.3% and 10.2% respectively.
Top performing wines in the Second Wines 50 index year-to-date
Between 2015 and 2019, the Second Wines 50 index was one of the best-performing Bordeaux indices. During the pandemic, renewed demand for blue-chip wines saw the grand vins increase the pricing gap once more. However, recent activity suggests the second wines may be on the move again.
Over the past year, the Liv-ex Fine Wine 50 is up 3.9%, compared to 3.1% for the Second Wines 50. There was also a small rise for the Second Wines 50 index in September, as the chart below shows.
With the October values being calculated in the coming days, it remains to be seen if the second wines will continue their rally.
Opportunities to buy Blue-Chip Bordeaux
See all LIVE opportunities for Blue-Chip Bordeaux on the exchange.
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.
