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Talking Trade: 1st – 7th July

Trade was up by value and volume this week with the Fine Wine 50 Index maintaining a strong momentum. The index is now at its highest level since December 2013. Sterling hit a fresh 31-year low against the dollar driving more dollar-based buyers onto the bid, particularly from Asia.

Bordeaux’s trade share slipped slightly this week. The First Growths represented just 20.6% of total activity. Mouton Rothschild was the most active at 27% and Lafite Rothschild was second at 23% of the First Growth’s share. Latour 2001 (WA 95) was the fifth most active wine traded by value.

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