Recent trading activity
Burgundy was in the spotlight over the weekend. Chambolle Musigny Les Fuées 2002 from Jacques-Frédéric Mugnier and Musigny 2019 from Domaine Jacques Prieur found the bid, alongside Château Palmer 2019, Screaming Eagle 2009 and Carruades de Lafite 2017.
Volume trade was led by Castello Banfi’s Brunello di Montalcino 2016, Comtes de Champagne 2011 and La Chapelle de la Mission Haut-Brion 2012.
Latour’s top traded vintages year-to-date
*made using the Liv-ex Charting Tool
Château Latour’s 2009 vintage also drew interest. The last trade was at £9,850 for a 12-bottle case. This is below its current Market Price and still well below its ex-London release price (£11,000).
Nonetheless, it is the second most-traded vintage of Latour by value so far this year and its trade prices since May have been well above what was being paid at the start of the year.
The five top-traded vintages of Latour by value can be seen in the chart above. In order they have been: 2005, 2009, 1996, 1995 and 2003.
Year-to-date, the best-performing vintage of them has been the 1996, which has risen 11.1% in value. The 2003 has risen 3.8%, the 2009 3% and the 2005 and 1995 2.7%.
The 2009 was given 100-points by Robert Parker, a score which has been backed up by subsequent 100-point scores from James Suckling and Lisa Perrotti-Brown MW (in 2019). Parker rated the 2003 100-points as well and the 2005 98-points.
The 1996 meanwhile was scored 99-points by Parker yet it remains less expensive than these later vintages, with a Market Price of £7,000 (12×75).
Opportunities to trade Bordeaux
There are currently close to 300 LIVE bids and offers on vintages of Latour and over 1,200 across all of the First Growths – with bids exceeding offers for all five estates.
Go to the exchange for all Bordeaux LIVE opportunities
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 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.