- Bordeaux’s share of trade fell, while Spain, Languedoc, Umbria and the Rhone saw higher trade levels.
- Sassicaia 2021 was the top-traded wine of the week, followed by Vega Sicilia, Valbuena 5.° 2019 and Domaine de la Grange des Peres, Pays d’Herault Rouge.
- This week, an update to the movements of Liv-ex’s major indices in April was published for members. We also published real-time analyses for 18 Bordeaux En Primeur 2024 releases, now available for all members here. A synthesis of Neal Martin’s Bordeaux En Primeur report, ‘The Event Horizon’ and a look at his top-scoring wines was also published.
Bordeaux’s share of trade fell from 37.7% last week to 31.6% this week. The 2021 was the top traded vintage by value by a long stretch, with Chateau Lafite Rothschild 2021 and Chateau Lynch-Bages 2021 coming in first and second place (within the region).
Burgundy’s share of trade also fell – from 25.6% last week to 21.9% this week.
Champagne closed with a 9.3% share of traded value, just above its April share (9.1%). Salon 2012 was the region’s top-traded wine by value, changing hands between £6,800 and £7,200 per 12×75. Since July 2024, trade prices of Salon 2012 have generally remained within this band.
Spain had a strong week, closing with a 5.8% share of traded value. Alongside Vega Sicilia’s Valbuena 5.° 2019, several vintages of Unico and Marques de Murrieta, Castillo Ygay Gran Reserva Especial 2011 changed hands.
The US had a weak close, taking 3.1% of traded value, down from last week’s at 6.2%. Screaming Eagle was by far the top-traded producer, accounting for 44.0% of trade.
Tuscany and Piedmont both had strong weeks. Sassicaia and Roagna, Paje Crichet Barbaresco were the regions’ top-traded wines respectively.
The ‘others’ category took a notably high percentage of trade (9.2%). Encompassed are trades of Domaine de la Grange des Peres, Pays d’Herault Rouge and Blanc (Languedoc), Cervaro della Sala and several German wines, amongst others. While the market continues to decline, buyers are casting a broader net. This buying may be reactive (on behalf of private collector demands), however, rather than stock-building.
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.
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