Talking Trade – Bordeaux back in the shade

With summer holidays upon us (and a timely mini heat wave to add some flavour) trading activity has slowed this past week. Bordeaux’s share by value fell to 33%, bringing its monthly average to 40.4%. The region reached an all-time low of 40.2% in April this year.

Burgundy picked up the slack, with its share rising from 14.1% to 24.7%. Italy’s share also increased, from 11.5% to 20%. Earlier this week, we examined the trade each region has stimulated so far in 2020.

US wines continued to enjoy growing attention from the trade; the USA weekly share reached 9%, more than Champagne (5.2%), the Rhone (2.2%) and the Rest of the World category (5.9%). July marked a record monthly share for the region (7.9%).

Not surprising, therefore, that the 2017 vintage of Screaming Eagle featured in the top five most active wines. The list was led by the Burgundy iconoclastic estate, DRC, with its Romanee Conti 1990 in the top spot.

The most traded wine by value so far in 2020, Giacomo Conterno Barolo Riserva Monfortino 2013, was very active once again, with a last trade at £7,976 per 12×75.

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