The Liv-ex Fine Wine 50 rose 0.25% this week with overall market activity, far livelier than the previous week in which Christmas Day squarely fell.
Bordeaux took a large share of regional trade by value (65.8%), thanks to several First Growths trading at a discount to market. Subsequently the market shares of Burgundy (14.0%), Champagne (8.9%), and Italy (6.4%) fell slightly while the USA retained its 1%.
The top traded wine by both value and volume was Margaux 2009. Described by Neal Martin as a “Chateau Margaux that is only beginning to show what it can do. Brilliant.” He awarded the wine 97 points in his 2019 tasting. The wine is very active on Liv-ex with tight spreads over multiple pack sizes.
Champagne’s Louis Roederer Cristal Rose 2012 was also active this week, last trading at £3,480 per 12×75. Its older, white wine sibling – Louis Roderer Cristal 2006 – was the top traded wine by value on Liv-ex in 2019.
Additionally, read how the Liv-ex benchmark indices faired in their December close:
Liv-ex 1000 Index: Finished December down 0.65%
Liv-ex 100 Index: Closed 2019 down 3%