Talking Trade – Bordeaux 2017 report published

By April 6, 2018Uncategorized
  • Liv-ex indices fall in March
  • Eclectic mix of wines and spirits trading as merchants prepare for Primeurs week
  • Liv-ex Bordeaux 2017 report published
  • James Suckling and James Molesworth Ep 2017 scores released

All of Liv-ex’s main indices fell in March. The Liv-ex 100 – the industry benchmark – closed March on 310.69, down 0.47% on the previous month. This is the fourth consecutive decline for the index, although each month the declines have been negligible.

Public holidays around the world reduced overall market activity and in thinner trading Bordeaux’s market share dropped to 52.5%. Wine from Italy and the USA took up the slack accounting for 12.9% and 7% of trade respectively.

This week’s most traded wines and spirits were an eclectic bunch. Glenfarclas, 60 year old Speyside Single Malt was the most traded wine/spirit by value, last trading at £6,300 per bottle.

Bordeaux 2017

Yesterday, Liv-ex published its annual Bordeaux En Primeur Report. In this year’s report, “Navigating Bordeaux 2017”, we explore the current position of the Bordeaux market, the quality and quantity of the 2017 vintage and the importance of fair pricing. You can download the report here.

Next week, much of the trade will be in Bordeaux tasting the new vintage. Our social media page amalgamates posts from Twitter and Instagram, making it easy for you to follow the movements of tasters, commenters and influencers.

Scores

Earlier in the week James Molesworth released his 2017 Bordeaux En Primeur scores. 13 wines received the highest marks between 93-96 points; these included Mondotte, Pavie, and Trotanoy.

This morning James Suckling published his scores. Suckling calls the vintage “surprising”. Despite spring frosts being the main talking point around Bordeaux 2017, he found reasons to cheer.


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