Skip to main content

Talking Trade: A big week for Burgundy

FW50

The Fine Wine 50 gained 0.6% over the last week, closing Thursday at 339.10. However, Bordeaux activity slowed with the region taking just 42.6% of trade by value, well below January’s average share. All of the key Liv-ex indices were firmer in January. The Liv-ex 100 – the industry leading benchmark – closed the month 1.25% higher, while the Liv-ex 1000 – the broadest measure of the market – was up 0.5%.

regional

It was a solid week for Burgundy. Maison Leroy Bourgogne Rouge 2015 and Maison Leroy Bourgogne Blanc 2015 were the top wines traded by value and volume. 2014 was the most traded Burgundy vintage, followed by 2015 and 2010. Champagne, Italy and the Rhone also saw an increase in trade.

value

First Growth trade was lower, but there was continued activity for Lafite Rothschild 2014. The wine was in the top wines traded by value and traded at a fresh high of £4,134 per 12×75. A number of other Bordeaux 2014s traded this week. They included Margaux, Pichon Baron, Calon Segur and Clerc Milon.

volume

94-point Calon Segur 2009 traded at an all-time high of £800 this week. It is up 30% over the last year and has been described by Neal Martin as an “excellent Saint Estephe.”

Calon Segur 2009

Looking for weekend reading? This week, Liv-ex published blogs on the monthly close of the Liv-ex 1000 and Liv-ex 100 indices.. You can also read a spotlight on Italian Super Tuscan producer Tignanello.


[mc4wp_form id=”18204″]