Talking Trade – Lafite Rothschild 2010 most active

By December 14, 2018Fine Wine Market, Talking trade
  • Lafite Rothschild leads First Growths’ trade
  • Burgundy beyond DRC
  • Top traded wines by value in 2018

Christmas might be fast approaching, but trade showed no signs of slowing down this week – it rose by both value and volume. Bordeaux accounted for 61.8% of the total value. The First Growths also maintained a healthy level of trade. Still, the Liv-ex 50, which tracks their daily price movements, dipped by 0.4% on last week.

Other regions also improved: Champagne’s market share climbed to 9.2%, the Rhone was up to 2.3%, while the USA and the Rest of the World edged up to 1% and 2.4% respectively.

Burgundy and Italy, which were the stars in November, pulled back slightly.

The most traded wines this week came from Bordeaux, Burgundy and Champagne. The top spot belongs to Lafite Rothschild 2010, which Robert Parker described as “more restrained and structured” than the 2009. Another vintage from the château also saw a high level of interest – the 2008, which last traded at £7,070 per 12×75. Indeed, Lafite Rothschild has been the most active of the First Growths this week, accounting for half of their trade.

Petrus 2015, which Lisa Perrotti-Brown MW and James Suckling awarded the ultimate 100 points, also featured in the top five. Back in October, the wine reached an all-time high, trading at £36,980 per 12×75. You can also read our Spotlight on Petrus here.

This week, Burgundy’s top traded wine by value was DRC Tache 1991. However, a number of non-DRC Burgundy wines have also traded actively in the past year. To find out more, click here.

Top traded wines in 2018

On Wednesday, we took a look at the most traded wines on Liv-ex by value in 2018. Almost all of the wines in the top ten are from Bordeaux, with two from Champagne and one from Italy. You can read our blog post here.