- Bordeaux regained its lead of the market, followed by Burgundy and the US, while Champagne has slipped to fifth place
- Domaine de la Romanee-Conti Richebourg 2005, Chateau Haut-Brion 1989 and Tignanello 2022 were the top-traded wines of the week by value.
- This week, Liv-ex members on advanced level packages were sent personalised market reports, providing insight into both broader trends and their trading over May (speak to your broker or account manager for more information). A Market Update on the Italy 100, featuring a technical analysis of the Solaia index was also sent. The third in a series of podcasts on the state of the fine wine market (Tom Burchfield in collaboration with the UK Wine Show) has also been posted and is available for all.
Bordeaux regained its lead of the market this week, taking a 33.3% share of traded value. Chateau Haut-Brion was the region’s top traded wine by value, with the 1989 vintage in the lead. The 2021s are continuing to trade actively, accounting for 19.6% of the region’s traded volume.
Though down on last week’s close, Burgundy’s share of traded value (25.8%) remained above its May average. Domaine de la Romanee-Conti was the top-traded producer by value, accounting for 19.3% of the region’s traded value.
The US took a 10.4% share of traded value, with trades of Bond St. Edna, Screaming Eagle’s Oakville Cabernet Sauvignon and Harlan leading the region into third place. While European buyers, accounting for 44.2% of purchased value, made up the largest buying segment, Asian buyers maintained their interest in the region with a14.3% share.
Tuscany came in fourth place with an 8.8% share of traded value, down from its close last week with 14.1%.
Champagne fell to fifth place, taking just 7.9% of traded value. The 2012 and 2013 vintages proved most popular overall, with Rare 2012 featuring amongst the top-traded wines by volume.
Breakdown of buyer geography
US buyers maintained their share of purchasing at 9.5%, concentrating their efforts in mid-range Burgundy.
Asian buyers’ share of purchasing fell from 22.4% last week to 18.6% this week – still above their May share of 17.1%. For several consecutive weeks, Burgundy has been the segment’s top-traded region. While Burgundy still accounted for 35.8% of their purchased value, this week, Bordeaux regained the lead, buoyed by Carruades de Lafite and Chateau Margaux.
What were the week’s top-traded wines?
Domaine de la Romanee-Conti, Richebourg 2005 was the top-traded wine of the week by value, with several loose bottles changing hands around the £41,370 per 12×75 market. These trades mark a return to its 2020 low / horizontal support, level with the current best bid (green dotted line below). Promisingly, June saw several cases sell at auction above Market Price.
Auctions and Liv-ex trades of DRC, Richebourg 2005
Chateau Haut-Brion 1989 came in second place, changing hands at £21,983 per 12×75. Like the DRC Richebourg 05, its prices appear to have reached a strong support level – in this case, its long-term trendline.
Liv-ex trades of Haut-Brion 1989
Top-traded wines by volume
Trade prices of Rare 2012 have fallen substantially since its release at £1,500 per 12×75 in late 2024. This week, it traded in decent volumes at £1,020 – a 32% drop.
Liv-ex trades of Rare 2012
Weekly market intelligence recap
This week, Liv-ex members on advanced level packages were sent personalised market reports, providing insight into both broader trends and their trading over May (speak to your broker or account manager for more information). A Market Update on the Italy 100, featuring a technical analysis of the Solaia index was also sent. The third in a series of podcasts on the state of the fine wine market (Tom Burchfield in collaboration with the UK Wine Show) has also been posted and is available for all.
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 £140m of bids and offers across 20,000 wines.
