Recent trading activity
Bordeaux was in the spotlight over the Easter weekend, accounting for 31.0% of trade. Several First Growths featured among the top traded wines by value, including Chateau Lafite Rothschild 2003 and 2020 and Chateau Margaux 2015.
Champagne’s Dom Perignon 2003 traded at an all-time high of £2,224 per 12×75 case (excluding magnums), representing an 167.9% increase from when it first traded on Liv-ex in 2012.
Top traded Bordeaux 2020s
On Thursday, Wine Advocate published William Kelley’s Bordeaux 2020 in-bottle scores, propelling the vintage back into the spotlight. Figeac, Chateau Canon, La Conseillante, Chateau Montrose, La Mission Haut-Brion, Mouton Rothschild and Petrus deserved full marks, according to the critic.
Our March market report contains a table highlighting top-scoring Bordeaux 2020s prior to last week’s Wine Advocate release. Other major critics agreed with Kelley about Chateau Canon, with Antonio Galloni and Jane Anson both scoring the wine 100, while Neal Martin gave it 97.
Following its recent physical release, the vintage is becoming more prominent in trading activity. Year-to-date, 2020 has been the third most-traded Bordeaux vintage by volume and the sixth by value.
Below is a table showing the top-traded Bordeaux 2020 wines on Liv-ex year-to-date, with Chateau Talbot Saint-Julien in the top spot. It last traded at £500 per 12×75, a 4.2% increase on its release price.
58 different Bordeaux wines from the vintage have been traded since the start of the year, from Chateau Marjosse at £64 per 12×75 to £10,062 per case (Chateau Lafleur Pomerol).
There are currently over 262 live opportunities for Bordeaux 2020 wines.
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.
