- Trade by both value and volume up on last week
- Lafite Rothschild 2009 most active wine
- Summary of this week’s releases
- How to value fine wine – Special report out now
Trade by value rose on last week. The Liv-ex 50, which tracks the price movements of the First Growths, dipped 0.3%. Bordeaux’s share of trade by value also fell from 50.4% to 48.2% – still above its August average, which had marked an all-time monthly low for the region.
Climbing to 24.6%, Burgundy’s share represented exactly half the Bordeaux trade this week. Other regions that saw increased activity included Champagne (10.1%), Italy (10.4%) and the USA (3%). Trade of American wine was led by recent Screaming Eagle vintages, as well as Promontory and Opus One.
The Rhone and the other’s category dipped to 1.2% and 2.5% respectively.
This week’s most active wines came predominantly from Bordeaux. Lafite Rothschild 2009 took the top spot, with a last trade at £7,196 per 12×75. Two vintages of Petrus also saw demand: 2008 (RP 97, NM 96) and 2016 (JS 100, LPB 100, AG 99). Armand Rousseau Chambertin 2017 featured from Burgundy; the wine last traded at £27,500 per 12×75.
Summary of this week’s releases
The latest September releases included Beaucastel Hommage J Perrin 2017, Verite 2016 (La Muse, La Joie and Le Desir as a 3-pack collection) and Latour 2011 ex-Chateau. The latter had previously been offered at En Primeur in 2012. To read our in-depth price analysis for each individual wine, click here.
Special report: How to value fine wine
Yesterday, we published our latest special report How to value fine wine. The report examines the factors that influence the price of wine, the importance of standardised price data and how professionals and collectors can carry out an accurate valuation.
To find out more and claim your free copy, click here.