Lafite 2003 Leads Liv-ex Trading by Value in Past Week

February 15, 2016

Chateau Lafite Rothschild 2003 was the most traded wine by value on the London-based Liv-ex wine market in the week to Feb. 11, closely followed by Chateau Latour 2009, according to data from the exchange on its market blog.

The Lafite 2003 sold for 6,660 pounds ($9,659) per 12-bottle case and the Latour 2009 for 7,620 pounds, Liv-Ex reported. Other wines among the top five sold by value were Lafite 2012, Moet & Chandon Dom Perignon 2005 Champagne and Chateau Margaux 2005, according to Liv-ex data.

Bordeaux wines’ market share rose to 75.7 percent over the week to Feb. 11 from 70.4 percent a week earlier, while remaining below the January average of 78.6 percent, according to the data. Burgundy’s share slipped to 8.8 percent in the week to Feb. 11 from 9.6 percent the previous week, while holding above the January average of 6.2 percent.

“Focus turned towards higher value wines,” Liv-ex said on its blog. “The total value traded on the exchange increased, while volume dipped.” The most traded wine by volume in the week to Feb. 11 was Chateau Rieussec 2010 Sauternes, just ahead of the Dom Perignon 2005 Champagne.

Click here to read on Bloomberg Business





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