- Bordeaux led weekly trade, followed by Burgundy, Champagne and Tuscany.
- Three Burgundies and two Tuscans comprised the top-traded wines by value.
- This week, Liv-ex members were sent a Market Update on the Dom Pérignon index. A Liv-ex Insider video on understanding the needs of the fine wine customer of tomorrow was also released.
Bordeaux took a 31.8% share of weekly traded value, almost flat on last week’s close, and still down on its September average. Le Pin overtook Château Lafite Rothschild as the region’s top-traded wine by value. The 2012, 2014 and 2006 vintages all changed hands in original packaging.
Though down on its close last week, Burgundy had a fairly strong week, taking 26.3% of traded value. Domaine de la Romanee-Conti accounted for 30.0% of the region’s traded value, and 7.9% of overall trade. La Tâche Grand Cru proved the most actively traded label, with four vintages – the 1997, 2002, 2017 and 2019 – changing hands.
While Champagne’s share fell from 12.5% last week to 11.6% this week, Dom Pérignon came in as the second top-traded producer overall. Across all cuvées, the 2009 vintage proved most popular.
Tuscany regained some foothold on the market, approaching its September share of 11.7%. Alongside the 2021 vintage of Tenuta San Guido’s Sassicaia and Antinori’s Tignanello, high volume trades of Valdicava, Brunello di Montalcino 2013 and Fattoria le Pupille’s Saffredi buoyed the region.
The USA took a 5.8% share of traded value, up on its close at 4.5% last week. Trades of Screaming Eagle’s Oakville Cabernet Sauvignon and The Flight accounted for 36.2% of the region’s trade.
In the realm of spirits and fortified wines, Glenfarclas, Highland Single Malt 40YO traded several times between £550 and £600 per 70cl bottle. A 6×75 case of Taylor’s Coronation Very Very Old Tawny Port traded for £1,500.
What were the week’s top-traded wines?
Domaine de la Romanee-Conti’s Echezeaux Grand Cru 1996 and La Tâche Grand Cru 2002 came in first and second place amongst the week’s top-traded wines by value. Echezeaux 1996 traded in original packing at £37,303 per 12×75. Given the wine’s illiquidity, it has seldom traded on the exchange. It last traded in October 2023, a loose bottle changing hands for £2,902, equivalent to £34,824 per 12×75.
La Tâche 2002 traded this week in original packaging at £48,000 per 12×75. At the peak of the market in mid 2022, a single loose bottle traded for £6,166, equivalent to £73,992 per 12×75 – a 54.2% premium to this week’s trade price.
Liv-ex trades of La Tâche 2002
Tenuta San Guido’s Sassicaia 2021 came in third place, trading between £2,566 and £2,580. The wine has traded actively since the start of September, its price appearing to stabilise just above its ex-London release price of £2,500.
Liv-ex trades of Sassicaia 2021
Top-traded wines by volume
Valdicava’s Brunello di Montalcino 2013 came in as the second top-traded wine by volume and fifth top-traded by value. Like Sassicaia 2021 but to a lesser extent, it has seen a recent uptick in trading activity, and some price stabilisation around the £500-£550 mark.
Liv-ex trades of Valdicava 2013
Weekly insights recap
This week, Liv-ex members were sent a Market Update on the Dom Pérignon index. A Liv-ex Insider video on understanding the needs of the fine wine customer of tomorrow was also released, and is available to watch 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 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 20,000 wines.
