Talking Trade – 2019 Wine of the Year: Leoville Barton

By November 22, 2019Bordeaux, Talking trade
  • Leoville Barton – Wine Spectator Wine of the year
  • A look back at Petrus
  • Wine Spectator top 100 wines of 2019 released
  • Interview: The future of the wine Industry

Activity on the market this week has been focused on Leoville Barton 2016, named 2019 Wine Spectator wine of the year. The reasonably priced Bordeaux wine commanded 18% of the total case sales which contributed to an increase in the volume of trades this week by 12% but decreased value by 20%. The Rest of the World’s share rose due to trade in a couple large parcels from Spain (2.4%), Portugal (1.0%), and Australia (0.6%).

The Liv-ex Fine Wine 50 decreased 0.5% over last weeks close which can be attributed to the strengthening of Sterling in the same period.

The 100-point Petrus 1989 was described by Robert Parker as having “extraordinary equilibrium between all of its component parts” and an “anticipated maturity: 2010-2040.” Leaving plenty of time to acquire and enjoy a benchmark vintage.

A look back at Petrus

The Petrus index – which tracks the price performance of the last ten physical vintages – has risen 353% since its launch in December 2003. The full article can be read here.

Wine Spectator top 100 wines of 2019 released

Wine Spectator editors look back on all the wines reviewed throughout 2019, selecting their Top 100 based on quality, value, availability and overall enthusiasm for the wine. The comprehensive list dating back to 1988 can be found here.

Interview: The future of the wine Industry

Liv-ex sat down with Miles Beale, the Chief Executive of the Wine and Spirits Trade Association. The interview includes the topics of Brexit, the impact of US tariffs, sustainability and the future of the UK wine industry, giving a captivating look at the days ahead. Full coverage can be read here.