LIV-EX - MARKET UPDATE

Talking Trade: 11th March – 17th March

The Liv-ex Fine Wine 50 has firmed again this week, reaching 275.35 on Thursday – its highest level since May 2014. Trade by value and volume on the Exchange was also higher this week.

Bordeaux has maintained its strong share of trade with the region taking 81.8% of market share by value, above February’s average of 76.4%. Other regions, however, have not performed so well. Italy’s share of trade dropped to 6.6%, back in line with its February average of 6.3%. Trade share for Champagne was also lower at 0.7%, down from last week and well below the February average.

The First Growths saw good activity with Mouton Rothschild taking 30% of total share amongst the Bordeaux Premier Crus. Mouton 2000 (WA 96+) was the highest wine traded by value this week and recently hit a fresh high of £12,900 per 12×75 on the Exchange at the end of February.