Recent trading activity
Bordeaux has been in demand this week, accounting for 53.5% of trade so far. The Second Growths were in focus overnight as Château Pichon Baron 2019, Château Léoville Poyferré 2015, Château Pichon Longueville Comtesse de Lalande 2017 and Château Rauzan-Ségla 2015 all traded.
Fifth Growths Château Pontet-Canet 2018 and Château Lynch-Bages 2016 also changed hands.
Figeac 2005 trades at all-time high
Earlier this month, Figeac 2005 traded at an all-time high of £2,900 per 12×75 (packed as 6×75), representing a 346% increase on its release price (£650 a case).
Back in September, several other vintages also hit trading highs shortly after its promotion to Premier Grand Cru Classé A.
Although Figeac isn’t included in either the Right Bank 100 or the Right Bank 50 indices, the estate has out-performed both over the past year.
This performance can be partly attributed to the market anticipating its promotion to Premier Grand Cru Classé A.
As shown in the chart below, the Figeac index rose 7.9% in the month prior to the announcement.
Interestingly, since its promotion, the index has run flat. It was up just 0.1% between September and November.
Nonetheless, it has been a strong year for the Right Bank estate. Looking at its recent vintages, the 2013 has seen the greatest price increase year-to-date, up 21.6%.
The 2010 (17.1%), 2017 and 2012 (16.3%) have also seem strong returns.
There are currently 226 LIVE Opportunities for Figeac on the exchange. Liv-ex members on silver packages and above can explore more pricing analysis via the Fair Value tool.
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.
