- Louis Roederer Cristal 2008 leads weekly trade by value
- Top 10 most viewed wines on Liv-ex by merchant location
- Regional market share year-to-date
- The steady rise of the second wines
The Liv-ex 50, the index tracking the price movements of the First Growths, continued to rise, gaining 0.12% this week. At the same time, Bordeaux lost trade share by value, falling from 68.4% to 57.9% – still above the region’s June level. The Rhone and the USA also dipped slightly.
Burgundy and Champagne stole the spotlight, gaining market share and occupying four of the five spots of the most active wines, as the table below shows.
Louis Roederer, Cristal 2008 led weekly trade by value – it is also one of the most viewed wines by European merchants this year. Another one of the most wanted wines in the UK took the second spot – Domaine Ponsot, Clos Roche Vv 2016.
Petrus 2015 (LPB 100, JS 100) also featured in the top five, with a last trade price of £35,968 per 12×75.
Regional market share year-to-date
Earlier this week, we examined the current shape of the fine wine market and its development so far this year. Notably, Burgundy’s trade has been rising in the context of its declining market, while Champagne has seen the most volatile activity, disguised under the surface of a flat average yearly share. Click here to find out more.
The steady rise of the second wines
The price gap between the First Growths and their second wines has continued to shrink. If twelve years ago one could buy 5.6 bottles of second wines for every bottle of the Grand Vin on average, this has now halved to 2.8. Find out more here.