Talking Trade: 17th – 23rd June

The Liv-ex Fine Wine 50 edged lower this week, closing on 287.09. Both value and volume were also down. Sterling increased at the beginning of the week in the run up to the EU referendum as markets started to price in a ‘Remain’ victory. Today the currency has plummeted on news that the ‘Leave’ campaign was victorious. There has been active dollar-based trade on the Exchange overnight as a result.

Bordeaux share by value was lower at 71.5%. The First Growths represented 14.4% of total trade. Mouton Rothschild was the most active, representing 44% and Lafite Rothschild was second, representing 21%. Six Bordeaux 2015s were traded: Beychevelle, Clinet, Pape Clement, Pontet Canet, Figeac and Branaire Ducru.