Containing all the latest Liv-ex research and analysis, the full issue includes:
- Bordeaux 2008 major movers
- Burgundy release prices
- Top 5 Champagne movers
- Jeb Dunnuck on Northern Rhone 2015
- Final thought: Burgundy – a review of the market
How to access the full report
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You can download page one – with charts and data – here, or read the text below:
New year’s resolution
The market started 2018 confidently with total trade picking up from December. Bordeaux was as an afterthought for many market participants engaged with both the Burgundy 2016 En Primeur campaign and the excitement over Northern Rhone 2015s. The highly scored Bordeaux 2015s should keep traders busy in January.
Bordeaux all time low
Bordeaux’s market share fell to 51.1% by value, the lowest monthly average ever recorded. With the 2016 En Primeur campaign bringing more attention to the region, Burgundy’s market share rose slightly to 15.9%. Italy also had a particularly busy month, with trade share rising to 15.1%.The Rhone’s share jumped to 7%, boosted by interest following Jeb Dunnuck’s report on the region.
The waiting game
January was a quiet month for the First Growths. Their trade share fell from 26.5% to 14.3%. The most traded wines were a mixed bunch of styles and vintages, with Carruades Lafite 2015 the most active wine. The arrival of the highly rated 2015 vintage in bottle should lift Bordeaux’s trade share in the coming months.
None of the fine wine indices moved significantly in January. The Fine Wine 50 gained 0.3% while The Fine Wine 100 drifted 0.2%. Among the Liv-ex 1000 (up 0.2%) performance was mixed. The best performing sub-index was the Bordeaux Legends 50, which rose 2.5%. The worst was the Italy 100, down 1.4%.