LIV-EX - MARKET UPDATE
Talking Trade: 10th – 16th June
Having briefly edged over the 288 level, the Liv-ex Fine Wine 50 dipped to close the week on 287.54, up 0.33% on last week’s close. Following an exceptionally high week of trade, both value and volume dropped a little, but remained above average.
It was an active week for Bordeaux, with the region’s market share by value rising above 85% for the first time since December. Only two 2015s traded – Pavie and Gruaud Larose – although the former was one of this week’s most traded wines. Buyers seeking value away from the new vintage frequently opted for the 2012, which accounted for almost a third of all Bordeaux trade.