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LIV-EX - MARKET UPDATE

Talking Trade: Bordeaux 2014 active, Petrus climbs higher


Bordeaux activity has improved this week with the region taking a healthy 80.9% of trade. The most active Bordeaux wines were the 2014s. The vintage took a larger proportion of Bordeaux market share than the ‘great’ vintages of 2010, 2005 and 2009. Interest in the 2014s has been building since the vintage started to become physical. Adding to this, critics have recently started to release their in-bottle scores.


The Fine Wine 50 dipped lower this week, down 0.3%. However, First Growth trade was higher at 17.7%, but still remains low in historical terms.


After a number of strong weeks for Burgundy, the region dropped back to 6.4% this week, close to its average for last year. Activity for Champagne increased, boosted by Salon Mesnil 2004, Pol Roger Sir Winston Churchill 2002 and Louis Roederer Cristal 2007.

100-point Petrus 2010 traded at an all-time high of £29,450 this week. It is up 33.5% over the last year. Robert Parker said it is an “awesome Petrus”.


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