The Liv-ex Fine Wine 50 index is up marginally this week by 0.1% at 268.29. The index is now back at the level it was in October 2015 before it dropped around 3% to trade at a five-year low of 261.37.
Trade was active, up around 25% on the previous week with First Growth share at 37% of trade by value. Bordeaux’s overall share of trade by value was flat on week and remained under December’s average, but other wine producing regions fared relatively better.
Italy saw a strong pick-up in its share of regional trade by value compared to the previous week and was level with Burgundy, each with 9% of market share.
Bordeaux’s presence was strong in the top five wines traded by value this week, the majority of which were 2009 vintages. 100-point Latour 2009 and 94-point Margaux 2008 (Robert Parker) took first and fourth place respectively, with ‘Flying Fifth’ Growth Pontet Canet 2009 (100-points) and Lynch Bages 2009 (98-points) taking second and fifth place respectively. Spain’s Vega Sicilia 2007 (95-points) broke this trend, taking third place as the only wine from the region that traded this week.
In terms of volume, Armailhac 2008 (89-points) took the top spot followed by Pontet Canet 2011 (93+-points) and Lafon Rochet 2009 (94-points).