As the Liv-ex 50 drifted by 0.3% this week, Bordeaux trade slumped to a new weekly low for the year. Nevertheless, exposure – the total value of bids and offers on the Exchange – continued to build: now at £26 million, it has risen 7.7% since the start of August.
Several regions pushed forward to fill the gap left by Bordeaux. Champagne saw its share boosted by trade for the recently released Cristal 2007 (with 97+ from Antonio Galloni), which topped both this week’s value and volume tables, while Taittinger Comtes Champagne 2005 also saw good activity.
Italy’s share was also higher than average. In recent weeks the new Super Tuscan releases have dominated trade; this week, slightly more mature wines including Tignanello 2009 (94 from Galloni) and Rampolla Alceo 2007 (97 from James Suckling) found the bid. Trade from regions beyond the main five also rose. The recently released Muga Prado Enea Gran Reserva 2006 – appearing in both tables – was scored 96 by Luis Gutierrez in The Wine Advocate in April, and described as “a phenomenal bottle of traditional Rioja at its best”. From America, Screaming Eagle 2012 continued to trade well. And while Christmas may be far from most people’s minds, port trade is beginning to pick up, with Dow 1994 accounting for 1.8% by volume.