Recent trading activity
Bordeaux has continued to take a leading role this week, accounting for 47.0% of trade from the 23rd-24th August.
There was activity around Château Ausone 2009, Château Lafite Rothschild 2008 and 2010, Petrus 2019 and Château Ducru-Beaucaillou 2009.
Champagne trade also picked up on the back of demand for Taittinger’s Comtes de Champagne 2011, Salon 2007 and Perrier-Jouët’s Belle Epoque Rosé 2010.
Domaine Leroy trades this week
A recurring feature of the week’s buying and selling has been the wines of Domaine Leroy. Three of the estate’s wines have been among the top traded so far this week.
These include the Richebourg Grand Cru 2011, the 2008 and 2015 vintages of the Volnay Premier Cru Les Santenots du Milieu, 2014 and 2015 Nuits-Saint-Georges Premier Cru Aux Vignerodes and 2001 Pommard Premier Cru Les Vignots.
It is a rare outing for so much of Domaine Leroy’s stable, especially in one week. So far this year, wines from Domaine de la Romanée-Conti and Domaine Armand Rousseau have usually led Burgundian trade.
Nonetheless, uncommon though this flurry of activity might be, the value of Leroy wines traded so far this year is already 17.1% ahead of what is was at this stage of the year in 2021.
Leroy is – according to the metrics of the Liv-ex Power 100 – the most powerful label in the secondary market.
In the 2021 rankings it came out on top, driven by the number of individual wines traded (129 wines measured as LWIN11s), its price performance (a 39.0% increase on average) and total value traded (2.4% of the secondary market).
They may not often headline Liv-ex analysis, but the wines of Leroy are a definitive example of high demand and limited supply ensuring a positive upward trend in price performance.
Opportunities to buy Burgundy
Head to the exchange for over 5,000 LIVE bids and offers on Burgundy. These include 174 listings for Volnay, 270 for Nuits-Saint-Georges and 98 for Pommard.
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 600 merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £80m of bids and offers across 16,000 wines. Independent data, direct from the market.
