The Cellar Watch November Market Report has been released.
Containing all the latest Liv-ex research and analysis, the full issue includes:
- October rises
- Liv-ex 1000 – another record high
- Bordeaux 2013: Martin Vs. Parker
- Champagne bubbling
- Final thought: Targeting Burgundy value
To access the full report, please log in or subscribe to Cellar Watch.
You can download page one – with charts and data – here, or read the text below:
October rises
October was an active month, with trade on the market up over 10% by both value and volume. With a weaker Sterling, the secondary market continues to see increased buying from Euro and Dollar-based merchants. Buyers appear to have switched their attention from the First Growths to the more accessibly priced seconds and thirds.
Bordeaux 2009
The most traded Bordeaux vintage by value was 2009 – by some length. It accounted for almost a fifth of all Bordeaux activity. The acclaimed ‘10 and ‘05 vintages followed further behind. Mouton Rothschild was the most traded wine, followed by Petrus and Lafite Rothschild. Outside of the First Growths, Pape Clement and Angelus saw high levels of activity.
Champagne bubbling
Champagne continued to see good levels of activity, taking 8.3% of trade by value with Krug and Salon Mesnil leading the way. After a slow September, Burgundy saw an increase this month, as its trade share doubled to 6.4%. Despite a number of new releases the Rhone accounted for a low 1.5% of activity. Italy took 3.9%; wines from ‘other’ regions took 3.8%.
Another record high for Liv-ex 1000
October was another solid month for the Liv-ex indices. The Liv-ex 1000 index hit another record high for the third month, closing at 293.58. The Italy 100 and Champagne 50 were the biggest movers of the sub-indices, up 5.08% and 3.65% respectively. The Liv-ex 100 increased for the eleventh consecutive month, up 3.6%. It closed at 291.36 and is up 22.3% year-to-date.
For current and historic issues of the full report, please subscribe at www.cellar-watch.com
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