Talking Trade – Lafite Rothschild 2009 most active

By September 20, 2019Fine Wine Market, Talking trade
  • Yquem 2017 and Joseph Phelps Insignia 2016 releases
  • White paper – Automate sales, data and logistics with Liv-ex and Bevica
  • New webinar sessions – trading automation. Grow your sales.

Trade was up by both value and volume this week as the summer holidays officially ended. Burgundy’s share of trade accounted for nearly a third of trade by value (27.3%), while Bordeaux dipped slightly on last week. Other regions that saw increased activity included Italy (11.3%), the Rhone (1.7%) and the Others category (3.5%).

The top traded wine this week was Lafite Rothschild 2009. The wine scored a perfect 100-points from James Suckling back in March, who said that “this is what the Medoc is all about”. It last traded at £7,111 per 12×75.

Fellow First Growth, Margaux 2007 was also among the top traded wines this week. It’s last trade price of £3,423 represents a 39% increase on its release (£2,450).

Yquem 2017 and Joseph Phelps Insignia 2016 releases

Yquem 2017 was released on Monday at €275 per bottle ex-negociant, up 10% on the 2016 (€250). It was offered by the trade for £3,528 per 12×75, an 11% increase on the 2016’s opening price per case (£3,168). Later on Thursday, California’s Joseph Phelps Insignia 2016 was released via La Place at €148 per bottle ex-negociant. It is being offered by the UK trade at £1,920 per 12×75. Click here for pricing analysis.

White paper – Automate sales, data and logistics with Liv-ex and Bevica

Earlier this week, we published a six-page white paper in conjunction with Bevica. The paper gives an overview of the opportunities offered by trading, data and logistics automation. It explains how merchants are already using it to grow their sales exponentially, provide vital price information to their teams, and eliminate time-consuming logistics processes. To read the paper, click here.

New webinar sessions – Trading automation. Grow your sales.

Next week, we’ll be offering new opportunities to join our two-part webinar series on Trading Automation. Our Automation Manager, Tom Frazer, hosted sessions in August and will now be running these again for anyone that missed them. Sign up for free here.