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Talking Trade: 2nd – 8th September

By September 9, 2016Fine Wine Market, Talking trade

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Activity on the market picked up this week, increasing by both value and volume. The Liv-ex Fine Wine 50 drifted slightly, down 0.1%.

Trade for Bordeaux increased, while activity for Burgundy returned to levels seen in July. The “others” share was boosted by trade for several Opus One vintages including the 2013 which was released on Monday at £2,200 per 12×75.

The week saw other major releases from the New World and Italy including Almaviva 2014 which came out on Wednesday at £800 and Masseto 2013 which was offered to those with allocations yesterday.

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All of the top traded wines come from Bordeaux this week. Lafite Rothschild and Haut Brion were the most active First Growths, collectively accounting for two thirds of First Growth trade. They are both represented in the table of wines most trade by value.

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Pape Clement 2012 – one of Parker’s top wines of the vintage – was the most traded wine by volume. It traded at a high of £710 per 12×75 earlier in the week. This represents a 34.5% increase on its trade price of £528 towards the beginning of the year.

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