Talking Trade – Bordeaux on the rise

By September 21, 2018Fine Wine Market, Talking trade
  • Bordeaux’s trade share recovers to 66.2%
  • New releases from Bordeaux
  • Leoville Barton on the move

While activity increased by value this week, trade volume dipped slightly. Bordeaux’s trade share rose to 66.2%, up from a low 50.7% last week. This was largely helped by increased First Growth activity, in particular Latour 1996 and Margaux 2007, which were among this week’s most active wines.

The Liv-ex 50 – which tracks the price of the First Growths – was up 0.3% on the previous week.

The Rhone’s activity also increased by both value and volume. Its share of trade was up from 3.4% to 8.7% this week, while Champagne, Burgundy and Italy pulled back slightly.

This week, all of the most active wines were from Bordeaux, with Latour 1996 taking the top spot. It last traded at £6,457 per 12×75.

New releases from Bordeaux

This week saw the release of two wines from Château d’Yquem. Yquem 2016 was offered by the international trade at £3,168 per 12×75. The wine was rated by numerous critics, with Neal Martin awarding it a barrel range of 95-97. Y de Yquem 2017, the dry white from Yquem, was also released at £1,236 per 12×75.

A brand on the move

Four vintages of Leoville Barton traded at all-time highs recently. The 2010 and 2001 hit highs last week, while the 2005 and 2009 – at the end of August and beginning of September, respectively. Of the four vintages, the 2010 traded at the highest price of £1,052 per 12×75. To find out more, please click here.


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