- Trade for the Rhône, US and Italian regions rose this week.
- Château Rauzan-Segla 2018 was the top-traded wine by value.
- Our new report on the secondary market in Asia-Pacific was published this week, as well as the monthly updates for the benchmark indices.
Regional trade this week
Bordeaux maintained its leading share of trade this week. Burgundy and Champagne both declined, with Burgundy regaining its place as the second most-traded region – though Champagne remains a close third.
The big change this week was in demand for the Rhône, US and Italian regions which all rose. The Rhône had the biggest jump, up to 5%, with high demand for Châteauneuf-du-Pape from the likes of Domaine du Pegau, Château Rayas and Henri Bonneau.
Trade for other regions declined although Australia continued to see the highest demand, largely based around the new 2018 vintage of Penfolds Grange.
This week’s top traded
This week we published a new report offering an in-depth look at the secondary fine wine market in Asia-Pacific and where it might go next as China’s economy stumbles.
A new month means we also recapped the performance of the benchmark indices in October. The Liv-ex Fine Wine 100 declined last month, down 0.5%, and the Fine Wine 50 declined 0.7%.
The Liv-ex Fine Wine 1000 did rise but just 0.2%. The Champagne 50 sub-index was the best-performer for the fifth consecutive month, rising 2.1%.
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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.