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Talking Trade – Liv-ex 50 hits new high

  • Bordeaux trade share rises to 63.8%
  • Liv-ex 50 reaches new six-and-a-half-year high
  • Margaux 2015 most active wine

A weaker pound helped to lift trade to a four week high. Bordeaux’s trade share rose to 63.8% thanks to increased First Growth activity including this week’s most active wine Margaux 2015. Burgundy’s share remained steady, due to continued trading of Domaine Leroy.

Rhone’s market share rose as Jeb Dunnuck released his updated scores for the Southern Rhone 2016 vintage. He awarded 100 points to 14 wines in total, including one of this week’s most traded wines Clos Papes, Chateauneuf du Pape 2016

Coinciding with sterling weakness, the Liv-ex 50 closed Thursday at 359.55, a six and a half year high.

Margaux 2015 was this week’s most active wine by value. The last trade price of £12,666 per 12×75 represents a 198% increase from the EP release price.

Bill Harlan Interview Part Two

Yesterday Liv-ex published the second part of our interview with Bill Harlan, the owner of the eponymous Harlan Estate. In part two, Bill discusses Harlan’s first vintages, the influence of Robert Parker and the importance of the secondary market.

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