Talking Trade – Burgundy at a recent high

  • Burgundy’s share by value rises to 28.1%
  • Armand Rousseau, Chambertin Clos de Beze 2016 most active wine

Burgundy stole the spotlight this week, with the region’s trade share by value rising from 10.4% to 28.1%. At the same time, Bordeaux pulled back to 52.8% – low activity from the First Growths contributed to this. Still, the Liv-ex 50, which tracks the price movements of the First Growths, was up 0.3% on last Thursday’s close.

Italy and the Rhone improved (to 8.7% and 2% respectively) after dips last week. Champagne, the USA and the ‘others’ category fell slightly.

Burgundy’s gains were largely driven by high value Armand Rousseau and DRC. The most traded wine by value this week was Rousseau’s Chambertin Clos De Beze 2016, which last sold at £30,000 per 12×75. DRC Assortment 2001 took second place, with a last trade at £35,000 per 12×75.