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Talking Trade – Indices flat in January

  • Lowest ever month for Bordeaux trade share
  • Fine Wine 100 off -0.07%, Fine Wine 1000 up 0.2%
  • Bordeaux 2017 frost map
  • Sassicaia 2015 released

Bordeaux’s trade share increased to 51.7%, rising for the second week in a row, but overall the region’s market share for January was the lowest ever recorded. First Growth prices remain steady even with muted trade, the Fine Wine 50 closing the month 0.3% up on December 2017.

Of Liv-ex’s other indices the Fine Wine 100 drifted 0.07% while the Liv-ex 1000 – the broadest measure of the market – rose 0.2%.

With lower Bordeaux trade Italy’s market share increased. Two vintages of Altesino, Brunello Montalcino were the most active wines in the market.

Sassicaia 2015

Sassicaia 2015 was released on Thursday at £565 per 6×75. Irrespective of existing critical scores diverging somewhat, there is a lot of excitement building around this release in the market. Sassicaia 2014 was one of the most traded wines in 2017 and it is expected that Sassicaia 2015 will follow suit in 2018.

Bordeaux 2017 Frost

In Decanter Jane Anson explored the cost of Frost for the 2017 vintage which has caused a 40% drop in the overall harvest. Judging by the map provided by La Chambre d’Agriculture de la Gironde, the Right Bank has much more adversely affected than parts of the Medoc.

 


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