Recent trading activity
Bordeaux continued to sit at the top as the leading region in terms of trade by value over the weekend, buoyed by Château Ausone 2018, Le Pin 2010 and Château Lafite Rothschild 2019 all trading.
Burgundy boasted a trade share of 27.6%, with Domaine de la Romanée-Conti, Richebourg Grand Cru 2019 and Domaine Dujac, Chambertin Grand Cru 2007 among the wines traded since last Friday.
Unlocking trading opportunities in Taittinger wines
In June, the Champagne 50 index experienced a further 1.2% decline, reflecting the current challenging market conditions. Taittinger, Comtes de Champagne Blanc de Blancs, 2008 dropped by 1.6% during the same period, and is down 7.6% year to date.
Despite these fluctuations, there is room for optimism. The Market Price of Taittinger 2008 has risen 65.2% from its release price of £1,070. However, it last traded at £1,748 per 12×75, slightly below its current Market Price. This presents a potential opportunity for buyers, as recent trades indicate that those who are willing to bid may be rewarded.
Taittinger Comtes de Champagne Blanc de Blancs 2008 trades on Liv-ex
Our July market report highlights the favourable conditions for buyers at the moment. The chart above shows the best live bids below the wine’s Market Price, represented by the green line. Recent trades at this level emphasise the potential positive outcomes for proactive bidders.
Similar dynamics are observed in other vintages of Taittinger Comtes de Champagne Blanc de Blancs, such as the 2007 and 2006 which both received similar Antonio Galloni scores to the 2008 and are trading lower than their respective Market Prices. The 2006 vintage recently traded at £1,140 per case, below its Market Price of £1,200 per case. Both vintages are currently available at a discount to the 2008, as per the chart below.
Taittinger Comtes de Champagne Blanc de Blancs Market Prices vs Antonio Galloni scores
There are currently 134 LIVE opportunities for Taittinger, Comtes de Champagne Blanc de Blancs on Liv-ex. Log in to the exchange to view them and trade.
In case you missed it:
Here’s what we’ve been reading:
- Liv-ex: The fine wine market in Q2 2023
- Liv-ex: A buyer’s market
- Harpers: Bordeaux En Primeur 2022 ‘a missed opportunity’
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.