Liv-ex 50_four weeks

Today’s blog brings you a round-up of the week’s trade on Liv-ex. As shown in the table below, Bordeaux’s weekly share sits below the 80% mark – a far cry from the 95% of trade it accounted for at the peak of the market. Burgundy, meanwhile, is punching above its weight with 11% of all trade by value, considerably larger than the 5% share it took in the first half of 2014. A large trade for one wine in particular is in part behind the region’s weekly performance: Bouchard Pere et Fils, Romanee 2001 sits at the top of our five most traded by value.

Regional share of trade_val_2507

As we mentioned earlier in the week, there has been an uptake in trade for Lafite 2011. As the cheapest physical Lafite available and last trading at £3,450 per 12×75, it would appear that sections of the market see it representing value. While the top 5 wines traded by volume are mainly from Bordeaux, good activity for Sassicaia 2009 – scored 98 by James Suckling – pushed it into third place. Apart from its dip in the last couple of days, the Liv-ex Fine Wine 50 has held relatively steady over the last few weeks, and good engagement from members puts July on track to be the second strongest month of trading this year. Perhaps not enough to indicate a sea-change, but signs of optimism at least?

Share of trade_val_2507

Share of trade_vol_2507