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Bordeaux activity was down this week to 66.1%, but the Fine Wine 50 was stable, closing Thursday on 334.23 (+0.1%). Trade for the First Growths was particularly low, with the wines only taking 14.3% share of trade. However, Champagne activity climbed to 7.1% and Italy and Burgundy both saw an increase in trade.

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Sauternes and Champagne dominated trade. Yquem 2009 was the third most traded wine by value. Neal Martin awarded the wine 100 points and described it as “a star that will blaze brightly and undimmed for many years”. Salon, Mesnil 2002 and Krug 2002 also featured in the top ten.

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Pichon Lalande 2010 saw a flurry of activity this week and traded at its highest value for five years. The wine has seen a sharp price increase since the beginning of the year and was the top traded wine by value this week.

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Looking for weekend reading? This week, Liv-ex published the first Spotlight on Haut Brion, the December 2016 Cellar Watch Market Report and the second part of our interview with Giovanni Geddes da Filicaja, CEO of Masseto and Ornellaia.