Both the Liv-ex 50 and Bordeaux’s trade share continue to rally after April’s slump. Trade by value for Bordeaux climbed to 75.5%, the highest it has been all year. Alongside Bordeaux’s mini-revival the Liv-ex closed Thursday 0.3% higher on the previous week.
Trade for Burgundy, Italy and Champagne fell, while trade for the USA increased after a temporary dip last week.
Bordeaux populates the trade by value table once again; the 2005 and 2010 vintages were particularly heavily traded. Three of the wines in the top five table, Montrose 2010, Latour 2005 and Figeac 2013 also appeared last week.
Liv-ex in the News
Liv-ex founder James Miles was interviewed by the Taiwanese magazine Wine & Spirits Digest. In the interview, which you can read in English here, he discusses the origins of the Liv-ex and how he became interested in fine wine.
Bordeaux 2016 Update
After a couple of sedate weeks, the 2016 En Primeur campaign came alive. Monday started with the well-received offering of Pape Clement. Tuesday saw a flurry of releases, including Duhart Milon, which stepped up into a new territory with an opening price of £640 per case. Monbousquet, Pavie Decesse, and Du Tertre also debuted. Montrose was released, although only in limited quantities. On Wednesday Clos Marquis, La Lagune, Talbot and Carruades Lafite all entered the market at increased prices. Thursday was relatively quiet, the arrival of Quinault l’Enclos being the main event.
Given the public holidays next Thursday and Friday in France, the releases are expected to come thick and fast earlier in the week. As ever, all of the releases will be published on Liv-ex Insights, and tweeted with the #bdx16 as they happen.