LXFW50

After seeing a strong start to 2016, the Liv-ex Fine Wine 50 held steady this week (+0.3%). Focus turned towards higher value wines: the total value traded on the Exchange increased, while volume dipped. Total exposure held at £29m after peaking last week.

Bordeaux’s share edged up but remains below January’s average. Burgundy saw a second strong week, boosted by activity for Ponsot, Clos Roche Vv 2012.

Regional

Lafite Rothschild was the most traded First Growth by value. The 100-point 2003 vintage traded most, while the 2012 – which recently saw high activity and then increasing prices – continues to find the bid.

Krug, Vintage Brut 2002 was the most searched for wine. It was recently released at £950 per 6×75, and traded this week for £1,266, a 33% increase.

Top_value

The week’s most traded wines by volume are from a number of regions. Amongst them is Fleur Morange Mathilde 2010 which was purchased for £199 per 12×75. Back in 2008, Jancis Robinson wrote that she mistook La Fleur Morange 2005 for Pavie when tasted blind – but these wines normally see little activity on the market.

Top_volume