Bordeaux lessens grip on trade share dominance

Posted by Rachel England on 13 November 2017 |

Bordeaux lessens grip on trade share dominance

The end of October bought the findings that the fine wine market is now broader than ever before, while last week we saw Burgundy hit a new trade share high. Now, according to Liv-ex, Bordeaux’s dominating influence has fallen to a nine month low, dropping to 55.8%, with First Growth activity remaining subdued, but prices stable.

Overall market trade remains high, however, with Burgundy helping to boost value and value. Trading highlights last week included as assortment of DRC from 2001 and a selection of wines from Armand Rousseau. According to Liv-ex, wines from the Southern Rhone have also been attracting interest, with Janasse, Chateauneuf Du Pape Vv 2015 – recently rated 93 points by Joe Czerwinski for The Wine Advocate – the most heavily traded in the region.

Related link:

http://www.insights.liv-ex.com/2017/11/talking-trade-bordeaux-trade-share-falls-nine-month-low.html

 

 

 

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