- Total exposure on the exchange rose to £91.9 million in April.
- The Liv-ex Fine Wine 100 continued to climb and is up 4.3% year-to-date.
- Blue Chip Bordeaux and Champagne were among the most sought-after wines.
Marching on
Exposure in April, the average value of LIVE bids and offers on the exchange, reached £91.9m for the month having peaked with a high of £93.3m intramonth – setting records for both daily and monthly exposure.
US buyers remained engaged – their focus on regions affected by the tariffs, such as Bordeaux and Burgundy. There remains another two months for the USTR and EU to potentially agree a more lasting solution.
Critic scores for Bordeaux 2020 were released throughout the month, with James Suckling, Jancis Robinson MW and Jean-Marc Quarin posting their first impressions and scores.
Lafite leads the way
Amid this busy month, the Liv-ex Fine Wine 100 continued its climb, rising by 1.51% to close out April at 332.86, up 4.3% year-to-date.
Lafite Rothschild 2018 was the most traded wine by value in the month and saw its Market Price increase 5.5%.
Within the Liv-ex Fine Wine 100, Champagne saw generally positive price moves. Taittinger Comtes de Champagne 2006 led gains, up 15%. It was joined by Louis Roederer Cristal 2008 (+6.5%), Krug Vintage Brut 2004 (+6.3%), and Louis Roederer Cristal 2009 (+6.2%).
Blue Chip Bordeaux also saw rises in the shape of; La Mission Haut Brion 2005 (+9.8% post Antonio Galloni’s 100-point re-score), Lafite Rothschild 2016 (+5.7%), Petrus 2009 (+5.4%) and Lynch Bages 2009 (+4.3%).
There were declines from Coche-Dury Meursault 2016 (-6.1%) and Beaucastel Châteauneuf du Pape 2015 (-6.1%).
