lx50

Trade dipped this week by both value and volume as merchants began to slow down ahead of the Christmas break. However, the Liv-ex Fine Wine 50 held steady, closing Thursday at 334.80. Bordeaux activity bounced back, with the region accounting for 77.7% by value. Champagne pulled back after seeing high activity last week.

share-of-trade

First Growth activity also edged up this week, representing 23.5% of trade. Latour was the most active, followed by Mouton and Lafite. Latour 2000 was the second most traded wine by value and traded at its highest level since February 2014.

latour-2000

Pavie 2009, the fifth most active wine by value this week, traded at an all-time high of £3,070 per 12×75. Robert Parker said “this wine feels almost as if you could lose your palate in it” and awarded it 100-points. Pavie’s controversial 2003 vintage also traded at an all-time high recently.

trade-by-value

pavie-09

Looking for weekend reading? This week, Liv-ex published the top ten traded wines of 2016 and had a look at Pape Clement, one of the top-performing Bordeaux wines this year.