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Talking Trade: 14th October – 20th October

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The Liv-ex Fine Wine 50 rose 0.6% last week, closing Thursday at 329.58. Trade by value and volume were both higher and Bordeaux activity was solid at 70.3%. However, First Growth trade was lower at 18.5%, down from 27.5% last week. Lafite Rothschild was the most active, representing 25% of First Growth activity with Mouton Rothschild taking a 22% share.

region

It was another strong week for Champagne. Krug, Vintage Brut 2000 (AG 95) was in the top five wines traded by value and volume this week. The 1999, 2000, 2002 and 2006 vintages were the most active by value and volume. Salon, Mesnil 2002 (AG 96+), Moet & Chandon, Dom Perignon Luminous 2006, Moet & Chandon, Dom Perignon 1999 (AG 93) were all well represented.

value

Angelus 2010 (WA 99+) took the top spot this week by value. It traded at £2,875 per 12×75 just below last month’s record high of £2,900. It is available below its 99+ point 2009 sibling that last traded at £3,016.

volume

Two Brunello 2010s featured amongst the top wines traded by volume – a highly regarded vintage, accessibly priced. Overnight, James Suckling published his top 100 wines of 2016. His third favourite was Renieri, Brunello di Montalcino Riserva, 2010. He awarded it 100 points.


 

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