Skip to main content

Château Latour 2010 leads weekly trade

By February 24, 2023Fine Wine Market, Talking trade

Each Friday, we take a look at activity on the fine wine market in our weekly ‘Talking Trade’ post. Highlights this week included:   

  • Champagne, the Rhône, Tuscany, Piedmont and the ‘others’ increased their weekly trade shares.
  • Château Latour 2010 was the top traded wine by value this week.
  • Galloni released his Bordeaux 2020 in-bottle scores – four wines scored 100-points.
  • Weekly insights included Neal Martin’s review of Domaine de la Romanée-Conti’s 2020 vintage, analysis on the performance of Château Lynch-Bages and the First Growths and their second wines.

Regional trade this week

The Rhône’s trade share increased once again this week to a recent high of 7.6%. Its 2019 vintage led the market by value, accounting for 44.2% of trade within the region. Wines from Côte-Rôtie (54.6%) enjoyed the highest level of demand.

Similarly, Tuscany (7.9%) and Piedmont (5.4%) continued to make gains. The Super TuscanTignanello 2019 and Bruno Giacosa Barolo Falletto Le Rocche Riserva 2004 (AG 100-points) were the most active Italian wines.

Champagne’s share also rose to 14.9%, driven by the 2008 vintage. Meanwhile, trade for the ‘others’ (3.9%) was dominated by Spain (0.9%), Germany (0.4%), Australia (0.3%), Argentina (0.3%) and the UK (0.3%).

Bordeaux largely maintained its level, thanks to activity for its 2010 and 2020 vintages. Antonio Galloni (Vinous) released his assessment of the latter yesterday, in a report titled ‘Bordeaux 2020: Saving the best for last’. Galloni claimed that ‘2020 is by far the most consistent of the three vintages in Bordeaux’s so-called trilogy spanning 2018 through 2020’.

The critic awarded four wines 100-points: Le Pin, Pavie Macquin, Les Carmes-Haut Brion, and Canon. Following the announcement, the wines traded up in value with Pavie Macquin, Les Carmes-Haut Brion, and Canon setting new trading highs.

This week’s top traded

Château Latour 2010 led weekly trade by value, having last changed hands at £12,200 per 12×75, an increase of 10.9% on its release price. The wine boasts a number of 100-point scores, from the likes of Robert Parker (The Wine Advocate) and James Suckling back in 2013, and more recently in 2020 from Jane Anson (at the time, Decanter), Lisa Perrotti-Brown MW (at the time, The Wine Advocate) and Neal Martin (Vinous). According to Martin, the wine is ‘impeccable’ and ‘utterly spellbinding’.

Château Pontet-Canet 2012 followed, with a last trade at £750 per case, up 8.7% on its release price. Vintages of Pontet that offer relative value include the 2014 and 2020. Liv-ex members can explore more on our Fair Value tool.

The 100-point (JA) Dom Pérignon 2008 ranked third. In 2021, Jane Anson called it ‘easily the best Champagne I had all year’. The wine’s last trade price represents an 83.0% premium on release.

Dom Pérignon 2008 trades on Liv-ex

Weekly insights recap

This week we looked at Domaine de la Romanée-Conti’s recent price performance and Neal Martin’s review of its 2020 vintage.

Liv-ex members received additional analysis on Château Lynch-Bages and the First Growths and their second wines.

Not a member of Liv-ex? Request a demo to see the exchange and a member of our team will be in touch with you shortly.      

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.