- Mouton Rothschild 2016 leads weekly trade by value
- Fine wine prices fall in October
- Bordeaux 2019: weather and harvest report
- Liv-ex November Market Report released
Trade slowed again in the first week of November, but Burgundy managed to claw back some of the market share it had lost in recent weeks. Bordeaux’s share dipped slightly, from 56.2% to 52.6%; activity for the region was dominated by the 2016, 2009 and 2006 vintages. Italy and Champagne were very steady and look set to close the year with market share gains on their 2018 levels.
Mouton Rothschild 2016 (100 JD, LPB, AG, NM, JS, JMC) was the most traded wine by value this week. The First Growth last traded 1.5% below its release price (£5,180 per 12×75).
Another “perfect” wine, from Tuscany, that also led last week’s trade, followed: Sassicaia 2016 last traded at £2,276 per case.
Fine wine prices fall in October
The Liv-ex 1000, the broadest measure of the market, experienced its biggest monthly fall so far this year. The Champagne 50 was its only sub-index to improve this month, up 1.9%, while the Italy 100 dipped the least – only 0.1%. Both regions were excluded from the US tariffs law, and are perhaps starting to see the benefits of this. Find out more here.
Bordeaux 2019: “a very good to excellent vintage”
Bordeaux 2019 is “a very good to excellent vintage” according to Bordeaux grower, winemaker and writer, Gavin Quinney (@GavinQuinney). In this article, he summarises everything you need to know about this year’s harvest.
Liv-ex November Market Report
The Liv-ex November Market Report has been released. Containing all the latest Liv-ex research and analysis, the full issue includes a market overview “The October effect: topsy turvy”, major market movers – Italy and Champagne, Liv-ex Fine Wine 50 in different currencies, James Suckling’s wine of the year and a final thought on the changing face of the Rhone. Find out more here.