Latest fine wine trade data shows Champagne popping corks for fine wine investors

The summer holidays are in full swing as Liv-ex reports the usual market slowdown at this time of year. Bordeaux’s share of trade on Liv-ex fell to 57.5% of the total value traded in July 2018 with the First Growths representing just 16.5% of overall value. 

Trade in Burgundy was also reduced in July, Champagne meanwhile was effervescent with its highest monthly market share of 13.7% with continued buying of the newly released Cristal 2008 and Dom Perignon 2009. Krug Vintage Brut, 1990 was one of the top risers, its trade price increased in value by 20% in the month rising from £5,062 to £6,059 on Liv-ex (mid-price 12 x 75cl).

Neal Martin published his tasting reports on Latour (1887 – 2010) and Lafite (1868 – 2010) verticals. His top scoring wines, all awarded 100 points, were Latour 1982 , Latour 1961 and Lafite 1870 and eight out of his top ten were Latour wines. His tasting demonstrates the amazing ageing ability of these wines, with the majority of his top scoring wines being produced in the 20th Century, with the exception of Latour 2000 and 2010.

The Liv-ex trade prices for these wines also illustrates the values these wines can achieve as they become rarer over time. The prices recorded on Liv-ex.com (12 x 75cl)  in July 2018 were:

  • Latour 1982 – £22,000
  • Latour 1961 – £58,380
  • Lafite 1870 – £127,104

 

The latest Vin-X Fine Wine Market Report looks at the key market indicators, current trends and events that have influenced price performance this summer and you can now download your FREE copy at the Market Report link above.

Vin-X analysts compile this specialist monthly report to provide fine wine investors with a convenient review of data and information to help explain the current performance of the fine wine market and specific wines. We look at regional market share and growth performance to identify which wines currently offer potential for investors seeking to diversify their portfolios into other regions to optimise overall returns.

The latest market news with the potential to impact on price and performance includes the current currency dynamics, key personnel changes at iconic producer, vineyard acquisitions, most traded wines and recent releases.

Don’t miss out on the Vin-X Pick of the Month: Chateau Pavie 2017 – our first choice of the 2017 Bordeaux En Primeurs and currently available through Vin-X at the best price in the market. You can download our Investor Information on Chateau Pavie 2017  and please contact us now for more information on 0203 384 2262.