- Wine Spectator Top 100 moves the market
- Sassicaia 2015 most active wine
- Italy’s trade share hits a record high
- Bordeaux at a recent low
This was another strong week for trade by both value and volume. This time, it was pushed by Italy, which reached a record weekly high of 21.7% by value. Over the past five years, the region’s average annual trade share has drifted between 3.5% and 6.5%. It has experienced a rise in activity this year and currently stands at 7.5%.
Indeed, market attention has shifted towards Italy. Last Friday, Wine Spectator named Sassicaia 2015 their wine of the year. The wine went on to lead trade by both value and volume this week.
Recent releases from the Rhone failed to move its trade share up. Bordeaux’s share also pulled back to under 45% for the second time this year. However, this is partly due to increased trade from other regions rather than a dramatic drop for Bordeaux.
The most active wines by value this week came from Italy, Bordeaux, Burgundy and Champagne. Sassicaia 2015 last traded at £1,670 per 12×75, up 47.8% on its release price in sterling terms.
Cheval Blanc 2013 was also among the top traded wines this week. As we noted in yesterday’s blog, Bordeaux 2013 wines have been the best performing vintages over the past three years.
Wine Enthusiast top 10 Cellar Selections of 2018
Wine Enthusiast announced their top ten investment wines of the year. Lafite Rothschild 2015, which the publication described as “solid, complex and with great authority”, is in the top spot. The wine last traded on Liv-ex at £5,298 per 12×75, up 21.8% on its release price in sterling terms.