The Burgundy 150 declined 2.2% in July and has fallen 10.3% year-to-date.
Amid the current downturn, however, the market is still active with more individual wines (LWIN11s) trading in July than in June.
Year-to-date, the most traded producers from Burgundy include Domaine de la Romanée-Conti, Leroy and Armand Rousseau. The list of the most traded LWIN 11s by number of trades, contains wines ranging from £460 to £3,900 per case, as shown in the table below.
Looking at the most-traded wines by volume, three 2020 wines feature at the top, with prices for the top five ranging from £240 to £5,346 per 12×75.
Among the biggest fallers in the Burgundy 150, Domaine de la Romanée-Conti, Richebourg Grand Cru 2016 saw the largest decline in July (-24.7%), followed by Joseph Drouhin, Montrachet Grand Cru, Marquis de Laguiche, 2015 which was down 19.5%.
By contrast, Domaine de la Romanée-Conti, Romanée-Conti Grand Cru, 2017 was up 11.9% last month, followed by Domaine de la Romanée-Conti, Richebourg Grand Cru, 2019 up 11.4%.
The downward price movements over the last few months created opportunities for buyers looking to secure wines at a lower price. However, recent resurgence in price shows resilience from some major Burgundian brands, and hint that the downturn won’t last forever.
Members have access to a more detailed analysis of the wines in the Burgundy 150 and those that are currently trading below their Market Price.
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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 620+ 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.
Independent data, direct from the market.