After an extremely positive month of rising volumes and value, trade dipped slightly this week. The end of the month brought with it news that all of the major indices had risen in January. The Liv-ex 100 climbed 1.9%, its highest month-on-month rise since February 2013, while the Liv-ex 50 rose 1.8%.
First Growth trade share continued to fall this week, with the five Bordeaux Premier Crus representing only 21% of total trade by value. Mouton Rothschild bucked this trend, taking 9.4% of the total in the run up to Chinese New Year, which welcomes the Year of the Sheep.
As Bordeaux’s trade share fell, wines from a variety of other regions entered the top value and volume charts. Following the release of Screaming Eagle 2012 this week – scored 100 points by Parker last October – its older sibling 2011 found the bid. Meanwhile the Rhone was nudged up by increased trade in Guigal’s famed ‘La La’ estates.
The much discussed Brunello 2010 vintage – which James Suckling named ‘the vintage of a lifetime’ – saw high volumes of trade while Champagne’s Dom Perignon Rose 2003 also saw good levels of activity.