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Il Poggione 2019 pricing analysis 

What’s happening in the market?  

Bordeaux and Burgundy took the lead in regional trade by value over the weekend. Bordeaux currently holds 31.2% of the market share by value with wines from Le Pin, Pétrus and Château Lafite Rothschild driving this momentum. 

Close on Bordeaux’s heels, Burgundy currently claims 30.8% of the regional trade. Contributors to Burgundy’s regional trade share by value include Domaine de la Romanée-Conti, Joseph Drouhin and Domaine Georges Roumier

In third position is the USA, holding 12.3% of trade, surpassing both Champagne (8.4%) and Tuscany (5.6%). Screaming Eagle 2019 and 2018, along with wines from Dominus and Opus One, have seen activity over the weekend. 

Today’s deep-dive: Il Poggione 2019 pricing analysis 

Last week, Tenuta Il Poggione released its Brunello di Montalcino 2019 at £320 per 12×75. 

Il Poggione  was the 6th most bid-for Italian brand in 2023, with over 145,000 searches on the exchange. It also claimed the 8th spot for the most traded Italian wine (LWIN7) by volume. The majority of buyers were from the USA (68.6%) with the UK following at 20.5%. 

Critical reviews   

Eric Guido (Vinous) awarded the 2019 vintage 96 points, describing it as a ‘classically structured’ wine with ‘tremendous length’. He further noted ‘Il Poggione has captured the radiance of the vintage, yet this is just a baby today’. 

Monica Larner (The Wine Advocate) awarded the wine 94 points, noting that the wine ‘shows an evolved bouquet with aromas of dried fruit, forest floor, crushed flower and autumnal leaf’. She additionally highlighted that this was a ‘200,000-bottle release’. 

Fair Value analysis   

The 2019 release appears to offer relative value compared to preceding vintages having higher scores and a lower entry price than others in the market. For buyers looking for options with a bit more age, the 2018 and 2015 vintages also look attractive.  

The 2018 vintage, which has the same score as the 2019, is currently available for £300 per case (a 6.3% discount to the latest release).  

With 97 points from Vinous, the 2015 is also an attractive option for buyers. The wine is currently priced at £289 per case, presenting a 9.7% discount on the 2019.

There are currently 109 LIVE opportunities for Il Poggione, Brunello di Montalcino on Liv-ex. Log in to the exchange to view them and trade.

In case you missed it 

Here’s what we’ve been reading:  

  • Liv-ex: Three 2017 Bordeaux wines lead trade 
  • Harpers: 2023 Champagne shipments down 8.2%, ‘as expected’ 
  • Financial Times: China’s economy faces ‘critical year’ to dispel deflation and revive confidence 

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 20,000 wines.               

Independent data, direct from the market.