Talking Trade – Haut Brion 2000 most active

By December 21, 2018Fine Wine Market, Talking trade
  • Champagne and the Rhone on the rise
  • Haut Brion leads First Growth’s trade
  • 2018 Power 100 released
  • Fine wine vs Gold

The First Growths were very active this week, with Haut Brion accounting for half of their trade. The Liv-ex 50, which tracks their price movements, was up 0.1% on last week. Still, Bordeaux’s trade share dipped slightly.

At the same time, Burgundy and Champagne – the two most traded regions after Bordeaux in 2018 – rose to 14% and 11.5% respectively. The Rhone has also been on an upward trend in December. This week, it accounted for 4.6% of the total trade by value. The region was largely helped by activity from Cornas and Guigal.

While last week Lafite Rothschild was the most active First Growth, this week Haut Brion stole the spot, with two “great” vintages featuring in the top five. The 2000, which Neal Martin (WA 99+) described as “flirting with perfection”, last traded at £6,800 per 12×75. The younger 2005, a Robert Parker 100-point wine, traded at a slightly lower price of £6,600.

The Italian star, Sassicaia 2015, also continued to trade actively. It was followed by Lafite Rothschild 2008 and Cheval Blanc 2013. The latter last traded 4.3% below its release price of £3,250.

2018 Power 100  

The thirteenth edition of the Liv-ex Power 100 – our annual list of the most powerful brands in the fine wine market – has been released. The full report was published in The Drinks Business’ December edition. To find out more about the key themes and see the full rankings, click here. Alternatively, you can read about this year’s new entrants and the top ten movers.

Safe havens – Fine wine vs Gold

Fine wine and Gold have long been considered safe havens due to their tangibility, and therefore lower volatility, against other mainstream assets. This year, the Liv-ex 100 traded within a narrow 2% range, making it ever more stable than Gold. To find out more, please click here.

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