Recent trading activity
Bordeaux accounted for half of the total trade in the middle of the week, driven by its 2012 and 2014 vintages. Some of the wines that changed hands were Château Pavie 2012, Château Mouton Rothschild 2016 and Château Lafite Rothschild 2014.
There was also increased demand for Californian wine, led by Promontory 2017, Dominus 2002, and Opus One 2013 and 2018. As examined on Tuesday, Opus One 2018 has been the most traded Californian wine year-to-date.
Opportunities to sell wine above Market Price
Some wines like Château Calon Ségur 2019, seen in the chart above, have been breaking trading records and have continued to enjoy demand at higher prices. Currently, the wine has a LIVE bid at £1,088 per 12×75, up 5.6% on its Market Price of last week of £1,030 and 40.0% up on its release price of £777.
With many strong bids on the market, now is the time for sellers to get their offers live. Other opportunities where the bid is tapping up against market price are Château Talbot 2019, Renato Ratti Barolo Marcenasco 2017 and Vega Sicilia Unico 2006
Buyers and sellers can also explore markets with tight spreads, where the price difference between the best bid and offer is very narrow, meaning that it is easier to reach an agreeable trade price.
Some of the markets with the tightest spreads now include Opus One 2019, Tua Ritta Redigaffi 2015 and Ornellaia 2013.
Explore the tightest markets here.
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.
