The few 2014s to release this week did not generate any interest on the secondary market, and Bordeaux’s share dipped below 70%. Nonetheless, the Liv-ex exchange saw good levels of activity with a large volume of members trading. After a slight dip at the beginning of April, the Liv-ex Fine Wine 50 rose by 0.58% over the last week, while the Bordeaux First Growths accounted for 34% of all trade by value. Mouton Rothschild took the lion’s share, boosted by its recently upgraded 2005.
Burgundy’s share was pushed up this week by a trade for high-value DRC Romanee Conti 2011, which appeared in second place in the top value table. The region was also lifted by good activity for Ponsot Clos Roche Vv 2001.
The volume table was this week dominated by Italy, which pushed forward to take an impressive 8.9% of trade. With the Super Tuscan 2012s soon due to become physical, Sassicaia 2012 appeared in both the value and volume tables.
