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Scotch trade grows to new heights

Yesterday’s trading activity

Wines finding the bid on Wednesday included: Tignanello’s 2018 and 2019 vintages and the First Growths Château Mouton Rothschild 2008 and Château Margaux 2005.

Yet again there was strong trade for Champagnes, such as Dom Ruinart Rosé 2007, Salon 2012 and Jacquesson Cuvée 744.

Scotch hits new trade record

The headline trades from yesterday were for Scotch whisky, specifically bottles from The Macallan’s ‘Red Collection’.

Bottled and released in 2020, the six whiskies in the range go from 40 to 78 years-old. A limited edition set was sold by Sotheby’s in London on 31st October 2020 for £756,400.

The number of Scotch whiskies traded so far this year (measured as LWIN7s) has already matched last year’s total of 23. The value of trade is also 128% higher than last year’s, meaning Scotch is setting a new trade record on the secondary market once again – as was hinted at in a post this March.

Scotch whisky recently made national headlines after a cask of Ardbeg 1975 was sold to a private collector in Asia for £16 million; the equivalent of £36,000 for each of the 440 bottles the cask will yield.

Ardbegs that have traded so far this year have included the ‘Uigedail’ single malt and 25 year-old single malt.

Overall, Springbank has been the top traded Scotch whisky traded by volume and value in 2022. Old single malts from the Macallan, Glenfarclas and Dalmore have also led trade by value.

Scotch trade is still small in the grander scheme of the secondary market, representing just 0.9% of trade by value. However, this is nearly equivalent to Australia’s current trade share.

Opportunities to trade Scotch

There are currently LIVE bids and offers for both Scotch and Japanese whiskies. Go to the exchange to see all opportunities to buy and sell.

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.