The daily fine wine and equities markets
The Liv-ex 50 closed yesterday at 406.26. Meanwhile, traditional equity markets continue to labour with the exception of the S&P500 which has rallied a little after a steep fall over the last few months.
Yesterday’s trading activity
There was trade in Château Pavie 2017 at £1,000 per 6×75 – under the current Market Price and well below the international release of £3,360 (12×75). The 2019 vintages of Super Tuscans Ornellaia (£814 per 6×75) and Sassicaia (£1,360 per 6×75) were also in the spotlight.
The interest in Champagne was sustained by Cristal 2014 which traded at £1,182 (6×75), while the 2013 rosé sold for £1,120 (3×75).
Demand for Cristal remains high
*made with the Liv-ex Charting Tool
Louis Roederer’s Cristal 2014 and Cristal Rosé 2013 found the bid yesterday as the brand continued its recent run of activity.
Trades on Liv-ex have remained above the Market Price as well as being largely consistent since the release earlier in the year. The 2014 is the sixth most-traded wine by volume in the secondary market over the last quarter (April-June).
The best-performing vintages of Cristal over the last two years can be seen in the chart above.
Cristal has had an active three months on the secondary market. Over the last quarter (April-June) so far, the 2008 vintage has been the top-traded wine by value in total. It has risen 36.4% in value year-to-date.
Champagne in general has continued to trade strongly this year, accounting for 11.4% of total trade by value in Q2.
Dom Pérignon 2012 is another label that has seen keen interest, particulalry in June where it has been one of the top Champagnes traded by volume and value.
Opportunities to trade Champagne
There are currently offers for Cristal 2014 in both three and six-packs, as well as three-packs of the 2013 rosé.
Bottles including large formats of the 2008, 2004, 2009, 2002 and others are also available.
Go to the market for over 1,000 LIVE Champagne opportunities.
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 580+ 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. Independent data, direct from the market.
