FW50

Trade by value and volume was down this week, but the Liv-ex Fine Wine 50 Index maintained its momentum. It is up 0.3% on the week at 286.1 – its highest level since early March 2014. It has been an eventful week in the market with the 2015 En Primeur campaign markedly picking up pace.

Regional

Bordeaux trade share was up on the week with the region achieving 71.5% of total trade by value. This is well above last week’s share, but still below the April average of 78.4%.

First Growth trade represented 28.4% of total trade. Lafite Rothschild and Mouton Rothschild were the most active, representing 32% and 31% of First Growth trade respectively.

It was a good week for Italy with the region representing 11.9% of trade. This was boosted by good volumes of Sassicia 2005 (AG 93) and Sassicia 2012 (AG 94+). Both were in the top five wines traded by value.

Value

Pavie 2011 (WA 95+) was the top wine traded by value this week, above First Growths Haut Brion 2000 (WA 99) and Lafite Rothschild 2014 (WA 94-96).

Volume

The release of Pontet Canet 2015 and Lascombes 2015 this week led to a flurry of activity in back vintages – Lascombes 2009 (WA 94) and Pontet Canet 2011 (WA 93+) featured heavily. Both appeared in the top ten wines by value and volume.