The summer lull continued on the Exchange this week. Although the number of transactions increased in the past seven days, the value and volume of trade fell. Bordeaux’s market share dropped from 76.8% to 65.2%, as a consequence of fewer large transactions.
Despite thinner trading the Liv-ex 50 continues to climb. The index closed Thursday on 347.34, a 0.1% increase on the same time last week.
A large trade of Opus One 2012 pushed the wine to the top of the trade by value table, and helped increase the USA’s market share to 10.3%. Haut Brion was the most traded First Growth, with the 2016 and 1998 vintages being the most actively traded. Amour Deutz 2007 traded for the first time, marking the second occasion a champagne from Deutz has traded on Liv-ex.
Liv-ex most wanted
Earlier in the week Liv-ex published the results of the most searched for wines on the site so far in 2017. While the First Growths occupied the top five spots in an unchanged order, Figeac, Canon and Rauzan Segla rose considerably up the table from 2016.
Separating the results by geographic location revealed some interesting results. The First Growths dominate the top searched wines in both the United Kingdom and Asia; however, in the USA the most searched for wines were Pontet Canet, Cos d’Estournel and Lynch Bages.