- Burgundy overtook Bordeaux in weekly trade share for the second time this month.
- Domaine de la Romanée-Conti Romanée-Conti Grand Cru 2018 was this week’s most traded wine by value.
- Louis Roederer Cristal 2008 set new highs, trading as a single magnum.
Regional trade this week
For the second time this month, Burgundy overtook Bordeaux’s share of weekly trade by value. This week, Bordeaux’s share slipped even lower, taking just 21.6% of the market. Meanwhile, Burgundy accounted for almost a third of the value traded at 30.7%.
Trade for Italian wine picked up, with Tuscany and Piedmont together making up 21.0% of the market, and other smaller Italian regions contributing with additional 0.4%.
The ‘Others’ category also had an active week, led by trade for Australian wine (5.5%), particularly Penfolds Grange.
This week’s most traded wines
The top five most traded wines by value came from a range of regions. Domaine de la Romanée-Conti Romanée-Conti Grand Cru 2018 led activity, with a 3×75 case last selling for £75,000.
Penfolds Grange 2017 was the second-most traded wine by both value and volume this week. However, its 2016 is the most traded Australian wine by value in 2021.
From Champagne, Louis Roederer Cristal 2008 set a few trading highs this week. One trade was for a single magnum at £690 per 1×150.
Louis Roederer Cristal 2008 trades on Liv-ex
Tignanello 2018, which was the fifth most traded wine by value this week, was also the most traded wine by volume.
The 2018 has been the most traded vintage from the Super Tuscan in 2021, while the 2017 has led in terms of price performance.
Weekly insights recap
This week, we looked at the most traded wines and the biggest price risers of the year. We also examined why the First Growths’ share of Bordeaux has risen in 2021 for the first time since 2018.
Liv-ex members received analysis on the performance of Vega Sicilia Único and the wines driving the Liv-ex 1000 index to an all-time high.
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 530+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £80m of bids and offers across 16,000 wines. Independent data, direct from the market.
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