LIV-EX - MARKET UPDATE

Talking Trade: 4th – 10th March

The Liv-ex Fine Wine 50 has continued to see strong upwards momentum, reaching a fresh high this week when it hit 273.66 on Thursday – its highest level since the beginning of June 2014. In general terms, activity on the Exchange also increased with trade by value and volume up on the previous week.

It was a good week for Bordeaux with the region taking 81% of market share by value, up on last week and well above February’s average of 76.4%. Likewise, Italy’s market share was up on the previous week and more than doubled at 10.3%, while Burgundy saw its share down at 2.9% from last week – well below February’s average of 6.1%.

The First Growth’s saw good activity with Lafite, Latour and Haut Brion representing 27%, 26% and 22% of First Growth market share respectively. Latour 2008 (WA 96) was the highest traded wine by value, with Haut Brion 2005 (WA 100) second and Lafite 1982 (97+) taking third place.