After dropping 1.2% in October, the Liv-ex Fine Wine 50 fell a further 0.6% this week. However, trade for the First Growths increased: whereas the five Premier Cru represented a low 16.6% of activity last week, this week they took 35.6% of all trade by value. Activity for Italy held steady at 8%, boosted by trade for Masseto 1998 and Sassicaia 2012, while wines from “other” areas – including the USA, Spain and Australia – also found the bid.
The 2010 vintage remained in focus this week, accounting for 25.8% of Bordeaux activity. Lafite Rothschild 2010 was the most traded wine by value while Margaux 2010, which has shown signs of recovery since the market’s low in June 2014, also featured in the table.
With only seven weeks until Christmas, the table of top wines traded by value was dominated by Bordeaux. Port also came close to featuring: Graham, 2000 fell just outside of the table.