The Liv-ex Fine Wine 50 has firmed again this week, reaching 275.35 on Thursday – its highest level since May 2014. Trade by value and volume on the Exchange was also higher this week.
Bordeaux has maintained its strong share of trade with the region taking 81.8% of market share by value, above February’s average of 76.4%. Other regions, however, have not performed so well. Italy’s share of trade dropped to 6.6%, back in line with its February average of 6.3%. Trade share for Champagne was also lower at 0.7%, down from last week and well below the February average.
The First Growths saw good activity with Mouton Rothschild taking 30% of total share amongst the Bordeaux Premier Crus. Mouton 2000 (WA 96+) was the highest wine traded by value this week and recently hit a fresh high of £12,900 per 12×75 on the Exchange at the end of February.
Sassicaia 2012 also saw good share of trade by value this week. Sassicaia is the most actively traded Italian wine on Liv-ex – representing 37% of trade by value for the region, and 20.6% of Italian trade by volume in 2015. The 2011-13 vintages have, however, all dropped in value since release. 2012 has fallen around 18%, but at 94+ points (AG) is the better bottle scored wine amongst these vintages. Sassicaia 2012 was also the third best wine traded by volume this week.