- Burgundy’s share by value rises to 28.1%
- Armand Rousseau, Chambertin Clos de Beze 2016 most active wine
- Latour 2008 and Forts Latour 2013 released ex-Chateau
- Bordeaux 2018: En Primeur report coming
- Liv-ex Automation – free webinar replay
Burgundy stole the spotlight this week, with the region’s trade share by value rising from 10.4% to 28.1%. At the same time, Bordeaux pulled back to 52.8% – low activity from the First Growths contributed to this. Still, the Liv-ex 50, which tracks the price movements of the First Growths, was up 0.3% on last Thursday’s close.
Italy and the Rhone improved (to 8.7% and 2% respectively) after dips last week. Champagne, the USA and the ‘others’ category fell slightly.
Burgundy’s gains were largely driven by high value Armand Rousseau and DRC. The most traded wine by value this week was Rousseau’s Chambertin Clos De Beze 2016, which last sold at £30,000 per 12×75. DRC Assortment 2001 took second place, with a last trade at £35,000 per 12×75. Forts Latour 2012 (LPB 92) followed.
Latour ex-Chateau releases
This week saw the ex-Chateau release of Latour 2008 and Forts Latour 2013. Chateau Latour famously left the En Primeur system in 2011, opting to release stock only when they deemed the wines were ready to drink. You can read our price analysis on this week’s offerings here.
Bordeaux 2018: En Primeur report coming
On Wednesday next week, Liv-ex will be releasing an in-depth report on the development of the Bordeaux market and this year’s upcoming Bordeaux 2018 En Primeur campaign. Find out more here.
Liv-ex Automation – Webinar replay
Liv-ex Automation has led to an eight-fold increase in income for one merchant. Others have found that their initial tech investment was paid back quickly – in as little as two months – thanks to increased sales. To watch the replay of our free webinar and find out more about our Automation services, please click here.