The Fine Wine 50 has continued to rise, increasing 0.9% on the previous week. It is now at its highest level since March 2013. Trade by value and volume was lower and Bordeaux activity decreased.
It was another strong week for Champagne with its share of trade up at 23.8%. Salon, Mesnil 2004 (AG 97+) and Salon, Mesnil 2002 (AG 97) were the top wines traded by value. The Champagne 50 index has hit fresh highs in four consecutive months, climbing 8.7% since May. The region took its highest share of trade by value this year at 9.6% in September. Bollinger, Grande Annee 2004 (WA 94) was the top wine traded by volume.
First Growth trade was higher at 18.8%, up from 16.3% last week. Mouton Rothschild was the most active, representing 43% of First Growth activity. Mouton Rothschild 2006 (WA 97) was in the top wines traded by value.
Pape Clement 2012 (WA 97) was among the top five wines traded by value this week. It was also one of the top wines traded by volume.It had the second most individual wine page views on Liv-ex in September after Opus One 2013.
Second wines were active again this week. Forts Latour 2009 (WA 94) was among the top wines traded by value. Echo Lynch Bages 2012 (WA 86) was in the top wines traded by volume. The Second Wine 50 has been the best performing sub-index of the Bordeaux 500, up 28.5% year-to-date.