Talking Trade – Petrus 2010 leads trade

  • Bordeaux trade share recovers to 63%
  • 100-point Petrus 2010 most active wine
  • Burgundy on the rise
  • Wine Matcher webinar catch up

Bordeaux’s trade share recovered slightly this week, helped by the First Growths. The Liv-ex 50 index, which tracks the price of their 10 most recent physical vintages, was up marginally (0.1%), closing on 358.84. This week, the First Growths alone accounted for 21.8% of the total value – a recent high.

Burgundy also had a strong week. Following some high value trades of Armand Rousseau Domaine Faiveley and Comte Vogue, the region’s trade share increased to 15.6%.

Champagne and Italy both pulled back on last week, while some high volume trades of Beaucastel 2012 and 2006 pushed the Rhone up to 4.7%.

Following the release of the 2008 on Monday, Pol Roger Sir Winston Churchill 2006 was among this week’s top traded wines as buyers looked to the back vintages.

Petrus 2010 was also the most active wine this week. Back in 2013, Robert Parker (The Wine Advocate) awarded the wine a perfect 100 points. In his tasting note, he commented that it reminded him of the “pre-1975 vintages of Petrus” and added that it is a “monster-in-the-making”. The wine last traded for £32,700 per 12×75, a new all-time high.

Wine Matcher webinar

Thank you to everyone that attended our webinar on Wine Matcher yesterday. We hope that you found the session interesting. For those that missed out, we will be posting a recording of the webinar next week.