- 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.
