- Bordeaux and the ‘others’ weekly trade share improved, while the Rhône’s fell below 1% for the first time this year.
- Château Haut-Brion 2011, which led weekly trade, sold at a record high.
- Weekly insights included the publication of the August Market Report and analysis on California’s top wines.
Regional trade this week
Bordeaux’s trade share increased the most this week, from 27.3% to 36.3%. The 2011 vintage led trade by value, while the 2019 – by volume. The First Growths accounted for 56.6% of the total trade for the region, a recent high.
The ‘others’ was the only other category to enjoy a marked uptick in activity, taking 5.1% of the market. Germany (1.2%), Australia (1.1%) and Switzerland (0.7%) were the main drivers.
Meanwhile, the Rhône’s trade share dipped below 1% for the first time this year. Piedmont’s fell from 3.2% to 1.9%, and Tuscany’s – from 9.7% to 5.2%.
This week’s top traded
Two 2011 First Growths made it into the rankings of this week’s top traded wines. Château Haut-Brion 2011, which took the first spot, set a new trading record at £3,956 per 12×75. However, this represents just 5.5% increase on its release price.
Meanwhile, Château Lafite Rothschild 2011 consistently traded below its current Market Price of £6,780.
Haut-Brion 2011 trades on Liv-ex
Two wines from Champagne – Salon Le Mesnil-sur-Oger Grand Cru 2012 and Dom Perignon Luminous 2010 – also enjoyed heightened activity.
Weekly recap
This week saw the publication of our August Market Report, which looked at the price of fine wine across different regions, the performance of Vega Sicilia, and the shrinking market for Australian wine.
Liv-ex members also received an update on the performance of the Bordeaux First Growths versus top Californian Cabernet.
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 600 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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