The Liv-ex Fine Wine 50 ran flat this week after gaining 0.2% last month. However, Bordeaux’s trade share showed signs of recovery after a slow month in August, boosted by high levels of activity for the First Growths which represented 45% of all trade.
Four of the five top traded wines by value were Bordeaux First Growths, with Lafite Rothschild 2010 leading the pack. It last traded at £5,400 per 12x75: 55% below its En Primeur release price. Has it finally found a bottom?
Mouton Rothschild 2012 and Lafite Rothschild 2012 also saw high levels of activity and both also continued to trade below their release prices, at 25% and 6% respectively.
Although Italy’s trade share dipped on previous weeks, Sassicaia 2012 - its most recent vintage - was active, achieving a place in the top traded by volume table. It was joined by three popular Bordeaux brands and Salon, Mesnil 1999 which propped up Champagne’s trade share this week.