- Bordeaux, Burgundy, USA and the ‘others’ improved their weekly share of trade.
- One of this week’s most active wines, Screaming Eagle Cabernet Sauvignon 2006, traded at an all-time high.
- Ornellaia 2019 was released today at a price that represents fair value according to the Liv-ex methodology.
Regional trade this week
Bordeaux’s rising trade share was driven by activity for its 2019 and 2010 vintages. The most traded wine from the region was Le Petit Mouton de Mouton Rothschild 2019, which has risen 9.9% in value since release.
Burgundy also made gains, increasing its market share from 24.2% to 28.6%. Since the start of the year, the number of Burgundian wine labels (LWIN7) traded on Liv-ex is already half of the record achieved in 2021.
Chile (2.4%) led the ‘others’ category, and Seña 2017 even found its way into this week’s top traded wines.
Screaming Eagle and Harlan Estate led secondary market activity for the USA, which also increased its share of trade to 5.1%.
This week’s top traded
Screaming Eagle’s Cabernet Sauvignon 2006 set a new trading record this week, when it changed hands for £38,640 per 12×75, up 2.1% on its current Market Price.
Weekly trade by value, however, was led by Domaine de la Romanée-Conti’s Romanée-Conti 2002 and La Tâche 1999.
Screaming Eagle Cabernet Sauvignon 2006 trades on Liv-ex
Ornellaia 2019 was released this morning at £1,710 per 12×75. As examined ahead of the release, this price positions it in line with Fair Value. There are currently a number of LIVE bids on Liv-ex, as high as £753 per six-pack.
Liv-ex members received further price analysis of Ao Yun 2018, which was offered through La Place de Bordeaux on Wednesday. Other weekly insights covered Port’s vintage performance and the secondary market for Scotch whisky.
Yesterday, we also published an overview of the opportunities that technology is bringing to the wine trade, following Liv-ex’s presentation at Vinexpo NYC 2022.
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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