- Champagne’s share by value at an all-time weekly high
- Louis Roederer, Cristal 2006 most active
- Bordeaux 2018 release prices: expectations vs reality
- Coming soon: Bordeaux 2018 closing report
Champagne was in sharp focus this week, as the region’s share by value reached a record high. The jump from 12.7% to 33.3% was largely helped by heavy trading of the 2006 vintage of Cristal and Salon.
Meanwhile, Bordeaux pulled back below May’s levels; the Liv-ex 50 also dipped 0.2% on last Thursday’s close. Italy halved from its rise last week, while the Rhone maintained its trade share at 1.4%.
Despite falling activity for Bordeaux, the 2010 vintage proved popular, with Lafite Rothschild, Pontet Canet and Petrus featuring in the top five.
Meanwhile, one of the last wines for this year’s En Primeur campaign, Le Pin 2018, was released at €1,450 per bottle ex-negociant. The wine is expected to be retailed for £23,000 – £26,000 per case, approximately 36% up on last year’s release. Due to the brand’s strong following and the tight quantities produced, final prices are largely dictated by long term relationships and allocations.
Bordeaux 2018 release prices: expectations vs reality
Now that all Bordeaux 2018 wines have been released, we took a look at how Liv-ex members’ predictions on the pricing of the campaign compared to reality. Click here to find out more.
Stay tuned: Next week, we will be publishing our concluding report on this year’s En Primeur campaign.