- Bordeaux, Tuscany and the ‘others’ increased their weekly share of trade.
- Château Ausone 2017 was this week’s top traded wine.
- Weekly insights included ongoing coverage of the La Place de Bordeaux campaign and the publication of the September Market Report.
Regional trade this week
Bordeaux’s trade share rose to a recent high of 49.8% this week, as the 2022 revision of the Saint-Émilion classification threw the region into the spotlight. Wines from Pomerol, which accounted for 26.9% of the total Bordeaux trade, and Saint-Émilion (22.3%), enjoyed heightened demand. The most active vintages were 2018 and 2019.
The classification promoted Château Figeac to Premier Grand Cru Classé A status, which led to new trading highs for some of its vintages on the secondary market. The 2013 was the most traded, having last changed hands at £1,448 per 12×75, up 173% on its release price. The 2008, 2019 and 2020 also set new price records.
Before the announcement, we looked at Figeac’s performance on the secondary market and noted that prices for the estate had risen 47.1% over the past three years on average.
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- Figeac 2008
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- Figeac 2013
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- Figeac 2019
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- Figeac 2020
*click to enlarge
The only other regions to make gains this week were Tuscany (6.4%) and the ‘others’ (3.7%) amid releases from the Super Tuscans Masseto and Solaia, and the Chilean estates Almaviva and Viñedo Chadwick.
This week’s top traded
While Figeac has enjoyed increased demand since its promotion, it was Château Ausone that led this week’s trade with its 2017 vintage. The wine remains available below its release price.
Masseto 2018, which boasts 99-points from Jane Anson, also made it into this week’s rankings. The wine last traded up 21.4% on its release price. The newly released 2019 has a higher score from The Wine Advocate and is available for less.
Weekly recap
This week also saw the release of ex-cellar stock of Château d’Yquem 2016 and Vin de Constance 2019. Our ongoing coverage of this autumn’s La Place campaign can be found here.
A wine from the Canary Islands traded on Liv-ex for the first time, while Sterling weakness proved a boon for buyers in other currencies. The Liv-ex September Market Report was released for members on Wednesday.
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 £80m of bids and offers across 16,000 wines. Independent data, direct from the market.
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