- Bordeaux, Champagne, the Rhône, Tuscany, Piedmont and the USA increased their weekly trade share.
- Carruades de Lafite 2019 was the most traded wine by value.
- Weekly insights included secondary market analysis of Right Bank Bordeaux and California.
Regional trade share this week
Bordeaux’s trade share came close to the 40% benchmark in the last week of June. Its 2019 vintage led activity by both value and volume. The 2009 was the second-most traded by value, and the 2016 by volume. There was heightened demand for wines from Pauillac (47.5%), followed by Saint-Émilion (10.7%).
However, it was Champagne that made the most notable jump. Its trade share almost doubled on last week, from 7.3% to 14.1%. Non-vintage Champagne led trade by volume, and the 2008 vintage by value. The most active wine – Louis Roederer’s Cristal 2014 – consistently traded above its Market Price of £2,400 per case.
Louis Roederer Cristal 2014 trades on Liv-ex
Meanwhile, the USA more than tripled its trade share to 7.2%, surpassing its average June share. Cult brands were in vogue, with Opus One 2018 taking the second spot in this week’s most traded.
This week’s top traded
Three of the top five spots went to Bordeaux. Carruades de Lafite 2019 led this week’s activity, with a last trade price of £3,010 per case. This represents a 58.8% increase on its release price.
Château Mouton Rothschild 2006, one of the more affordable vintages from the producer on the secondary market, also made the rankings at £4,995 per case.
Château Latour 2009 came fifth, with a last trade price of £10,000 per case – below the ex-château release in 2020.
Weekly recap
This week, we looked at the concept of the secondary market and how it relates to fine wine.
Liv-ex members received updates on Right Bank Bordeaux and the rising volume of Californian wine traded.
Le Pin 2021 was also released En Primeur this week. You can read our En Primeur closing report 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 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.
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