The Liv-ex 100 index – the industry benchmark – rose 1.41% in September to close the month at 310.39. Sterling weakness over the month (-1.0%) contributed, with value and volumes traded rising on the previous month. Wine prices have increased for the fourth consecutive month after a drift earlier in the year.
The biggest movers came predominantly from Bordeaux, Italy and Champagne though it was white Burgundy that topped the list of risers: Domaine Leflaive, Puligny Montrachet Clavoillon 2015 leading the way.
Bordeaux’s trade share increased from an August average of 34.7% to 38%, the Rhone’s from 4% to 4.7% and USA from 6.1% to 8.5%. Burgundy (16.5%), Italy (17.1%) and Champagne (8.9%) all decreased slightly on the previous month.
September was marked by Rest of the World La Place releases. The month saw trade by value increase 22% on August and 15% on this time last year. Distinct wines traded (LWIN11) rose 3.2% breaking last month’s record.