The Liv-ex Fine Wine 50 continued to rise this week and was up 0.2% at 270.37, its highest level since July 2015. There was a good volume of trade in Bordeaux across the whole of January helping to push the Bordeaux 500 index to its highest level since April 2014 at 241.46.
However, Bordeaux’s market share slipped this week with Burgundy and Champagne both filling the gap with 9.6% and 9.4% of trade share respectively.
Mouton Rothschild and Haut Brion saw good activity taking 24% and 21% of First Growth market share. Lafite’s share of First Growth trade was slightly lower this week at 37%. Haut Brion 2005 (RP 100) and Mouton Rothschild 2006 (RP 96) took the third and fourth spot of overall trade by value across the exchange.
It was a good week for Champagne, with Bollinger Rd 2002 (AG 91) taking the top spot in terms of trade by value. Trade in Champagne was stimulated this week by the release of Krug 2002 at £950 per 6×75. It last traded at £1,100.
Lafite 2012 (RP 91) remains well represented at second place in terms of trade by value with buyers looking to purchase the cheapest physical vintage of the brand available in the market.
Trade by volume saw Bordeaux’s Cote Baleau 2009 (RP 87) and Carmes Haut Brion 2009 (RP 92) take first and third place respectively, while Italy’s San Guido Guidalberto 2012 (AG 89) – the second wine of Sassicaia – took the second spot, helping to boost Italy’s share of trade by value to 5.4% this week.