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Burgundy leads regional trade at start of the new quarter

  • Burgundy took the largest share of the market by value in the first week of April.
  • Henri Boillot and Coche-Dury led activity within the region.
  • Louis Roederer Cristal Rosé 2013 was the most traded wine this week.

Regional trade this week

Burgundy led weekly trade by value at the start of April, taking 28.3% of the market versus 25.3% for Bordeaux. In the first quarter, the number of Burgundy wines (LWIN11s) traded is up 12% on the same time last year.

At 12.4%, Champagne became the third-most traded region, with Louis Roederer’s Cristal leading both value and volume activity.

The Rhône more than doubled its share, from 3.2% to 7.2% this week. Châteauneuf-du-Pape (48.7%) and Hermitage (32.1%) were its most traded appellations.

In Italy, Piedmont and Tuscany increased their shares from last week to 7.5% and 7.3% respectively.

This week’s top traded

Louis Roederer Cristal Rosé 2013 was this week’s most active wine, having last traded at 6.2% premium on its release price.

The 100-point Scarecrow Cabernet Sauvignon 2019 took the second spot. When tasting for The Wine Advocate, Lisa Perrotti-Brown MW commented that ‘this expression of the venerable J.J. Cohn vineyard—including vines planted in 1945 by John Daniel and dry farmed—is pure magic’.

From Burgundy, Henri Boillot’s Chevalier-Montrachet 2018 and Coche-Dury Meursault 2019 led trade.

Weekly recap

This week, we reported on the performance of the Liv-ex indices in March. Fine wine prices remained resilient to the global headwinds, with the Liv-ex 100 up 0.7% and the Liv-ex 1000 up 2%.

Liv-ex members received updates on the most in-demand wines so far this year and the leading German wines on the secondary market.

Our first quarterly report for the year will be published next week. The report will cover fine wine’s performance in different currencies, global market appetite, and the top traded regions and wines.

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 560+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines. Independent data, direct from the market.

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