Talking Trade – Liv-ex indices dip in October

• Bordeaux trade share picks up
• Liv-ex indices dip in October
• Jane Anson releases Bordeaux 2016 in-bottle scores

Bordeaux’s trade share recovered to 66% this week, largely helped by increased First Growth trading. Both Lafite and Mouton Rothschild accounted for 20% of total trade, with Mouton Rothschild 2011 being among the top traded wines by value.

Burgundy (12.8%) and Italy’s (8.1%) trade share also rose. Paolo Conterno, Barolo Ginestra Riserva 2010 was the most active wine this week. It last traded at £864 per 12×75.

After heavy trading in the run-up to Christmas, Champagne’s trade fell this month from 18.5% to 7.9%. The USA and Rhone also pulled back.

Liv-ex indices

Both Liv-ex indices fell in October. The Liv-ex 100 closed the month on 313.94 (-0.7%) and the Liv-ex 1000 on 358.2 (-0.6%). This is the second time the Liv-ex 1000 has pulled back this year.

Jane Anson on Bordeaux 2016

This week, Jane Anson released her Bordeaux 2016 in-bottle scores. She expressed an overall preference for the Left Bank, but mentioned Pomerol as a particular Right Bank highlight. You can read her thoughts on Medoc here, and her report on the Right Bank here.