Recent trading activity
Champagne was in the spotlight this weekend, accounting for 21.2% of total trade by value. Highlights included Louis Roederer’s Cristal 2005 and Dom Perignon Rose 2008.
Bordeaux also had a strong weekend with 30.3%. Its 2019 and 2018 vintages were the most active. The Right Bank’s Chateau Ausone 2018 was among the top-traded wines, along with Lafite Rothschild’s 2019 vintage.
Ao Yun’s 2019 pricing analysis
*All Ao Yun scores shown are the most recent Wine Advocate scores.
Ao Yun – the first and only Chinese wine to trade on the secondary market – is due to release its 2019 vintage via La Place de Bordeaux.
Ahead of the release, we review its price in the context of other vintages currently available.
Reviewing for the Wine Advocate, Edward Ragg scored the wine 96 points. In his tasting note, he said ‘this is the best vintage of Ao Yun to date and also the highest-scoring Chinese wine I have ever reviewed’.
He adds that ‘in sum, 2019 is the completest statement to date of everything Ao Yun has aspired to be in terms of attaining the best blend achievable from this complex patchwork of vineyard sites stretched across different villages at markedly different elevations’.
Jane Anson (Inside Bordeaux) also awarded the wine 96 points. She agreed that ‘it has been a pleasure seeing this wine develop since its inaugural vintage, and here it feels far much more quietly confident than the early years when oak impact was more evident’.
The 2019 is the highest scoring Ao Yun vintage on the market. If it were to be released at the same price as the 2018 (£2,520 per 12×75) it might make an exciting opportunity for those confident in its quality.
Buyers looking for other options may want to consider the 2018, which was awarded 95-points by Edward Ragg and has fallen in price slightly since release (-9.5%).
Despite its lower score of 91 points, the 2013 vintage has several years in bottle and is available at £1,990. It might also make an exciting option for those wanting access to the brand at a lower price point.
Secondary Market activity
Ao Yun is the only Chinese wine trading on the secondary market. Its 2013 vintage was the first to trade on Liv-ex back in 2016.
Since then, the 2013 has continued to lead trade by both value and volume, followed by the 2014.
Ao Yun 2013 trades on Liv-ex
There are currently over 20 LIVE Ao Yun opportunities on your 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 620 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.
