- Bordeaux’s trade share pulls back
- Wine Advocate Bordeaux 2016 in-bottle report
- Liv-ex interview with Paul Symington
As businesses start to slow down in the run-up to Christmas, trade dipped by both value and volume this week. Bordeaux retained the lion’s share and accounted for 57% of the total value. However, this was down on last week when it accounted for 60.2%. Its share for the month was also the second-lowest it has been this year at just 53.6%.
As for the other regions, Burgundy and Italy edged up to 14.7% each. The ‘Others’ category also improved (3.3%), while Champagne, the Rhone and the USA pulled back slightly.
The top traded wine this week was once again Wine Spectator’s wine of the year: Sassicaia 2015. Since the announcement, the wine has seen a flurry of trade on Liv-ex, as the chart below shows. It was the top traded wine by both value and volume in November and has been among the most active wines for the past three weeks.
The wine is currently being offered for £1,740 per 12×75, a 54% increase on its release price of £1,130.
The Wine Advocate Bordeaux 2016 in-bottle report
Last week, the Wine Advocate published Lisa Perotti-Brown MW’s report on the Bordeaux 2016 vintage. Overall, Perotti-Brown awarded eight wines a perfect 100 points. You can find our summary of the report, which includes the price performance of her top-scoring wines here. You can also read our ‘fair value’ analysis on Cheval Blanc, Haut Brion and Cos d’Estournel, here.
Liv-ex interview with Paul Symington
After the announcement that Paul Symington would be stepping down as Chairman and joint Managing Director of Symington Family Estates, we caught up with him to find out more about the Port industry and his future plans. You can read our interview with him here.