fw50

While trade by value declined this week, the overall volume traded increased as buyers focused on more accessibly priced wines. It was another slow week for Bordeaux: the region took a low 56.4% of trade by value. The Fine Wine 50 also dipped slightly (-0.2%), closing Thursday at 337.10.

Despite this, First Growth trade share increased to 17.1% by value. Overall, Haut Brion was the most active, but Lafite Rothschild 2015 was the top individual wine traded.

regional

It was a busy week for wines from a number of Italian regions.  Altesino Brunello Montalcino 2010, Renato Ratti Barolo Marcenasco 2011 and Sassicaia 2013 were all among the top wines traded.

The USA also saw a solid week, with its trade share at 6.2%. The acclaimed 2012s, which have been compared to Bordeaux 2009 and 2010 in terms of quality, proved popular. 100-point Screaming Eagle 2012 was among the top wines traded by value. Verite Joie 2012 and Verite Desir 2012 also found the bid.

value

Mouton Rothschild 2002 traded at £3,925 per 12×75 this week, just £25 below its previous all-time high of £3,950. Its latest trade price represents an increase of 36.5% on the beginning of the year.

mouton

Looking for weekend reading? This week, Liv-ex published a second blog on Lafite –  Quantifying Lafite’s brand value. You can also view blogs on the Liv-ex members’ survey Fine wine merchants underestimate price rises in 2016 and read about Burgundy – highest risers.