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The 2018 vintage leads Bordeaux’s weekly trade

  • Bordeaux and the ‘others’ increased their weekly trade share.
  • Domaine Leflaive’s Montrachet Grand Cru 2003 was the most traded wine.
  • This week saw the publication of our En Primeur closing report, as well as analysis on the role of fine wine indices, and recent demand for Champagne.

Regional trade this week

Bordeaux increased its market share from 34.1% to 38.7% but this wasn’t because of its 2019 and 2014 vintages, which were in constant demand during En Primeur. Instead, the 2018 led trade, with the 2009 also trading actively. The 2016 vintage led trade by volume.

The First Growths accounted for 19% of the region’s trade by value. The Liv-ex 50 index, which tracks their price performance, closed yesterday at 406.82, up 0.2% on last week’s close.

The ‘others’ was the only other category to improve on last week. At 10.4%, it became the third biggest player, after Bordeaux and Burgundy. Australia (5.2%) and Spain (3.5%) were the main countries in buyers’ sights.

This week’s top traded

Domaine Leflaive Montrachet Grand Cru 2003 was this week’s most active wine by value, having last traded at £151,440 per 12×75.

Two Bordeaux 2018s also entered this week’s top five – Château Figeac (Neal Martin 97-points) and Cos d’Estournel (NM 96). Both traded at slight discounts to their release prices.

Spain was represented in the rankings by Vega Sicilia Unico 2012, which has 96-points from the Wine Advocate’s Luis Gutierrez.

Weekly recap

Our annual closing report on this year’s Bordeaux 2021 En Primeur campaign was published this week. The report examines the value offered by the 2021s and how it compares with physical vintages, as well as the best-performing wines of the campaign and what made them work.

We also explained what fine wine indices measure and looked at the sustained demand for Champagne.

Liv-ex analysisis drawn from the world’s most comprehensive database offine wine prices. The data reflects the real time activity of Liv-ex’s 580+ 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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