Champagne closes the gap on Burgundy, Pontet-Canet 2015 top-traded wine by value
Weekly insights recap?
This week, Liv-ex members were sent a Market Update on the possible future price movements of the Armand Rousseau, Chambertin index. An update on the major Liv-ex indices in December was also published and is freely available to all.?
Champagne closes the gap on Burgundy, Pontet-Canet 2015 top-traded wine by value?
Liv-ex members can access the full article, including an in-depth analysis of the week's top-traded wines by value and volume, here. Below is an excerpt.?
ordeaux regained its foothold on the market this week, taking a 33.4% share of traded value. Thanks to high-volume trades, Chateau Pontet-Canet was the region’s top-traded wine, followed by Petrus and Chateau Margaux.???
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Champagne had another strong week, closing the gap on Burgundy with a 17.8% share of the market. Three Champagnes were amongst the top five wines by value – Laurent Perrier’s Grand Siècle Itération N°26 and the 2002 vintage of both Dom Pérignon and Louis Roederer’s Cristal.???
Burgundy closed with a 19.2% share. Domaine Armand Rousseau’s Chambertin 2018 took the lead by value, followed by the 2022 vintage of Domaine Leflaive’s Puligny-Montrachet Les Pucelles and Domaine Georges Roumier’s Bonnes Mares Grand Cru. Domaine de la Romanée-Conti took a back seat, with only the 2002 Montrachet and 2019 échezeaux changing hands.??
Tuscany took a 12.8% share of traded value, up on last week’s close at 9.1%.? Masseto was well in the lead as the region’s top-traded wine by value, followed by Ornellaia and Tenuta San Guido’s Sassicaia.??
The USA’s share of trade fell to 4.7% after a series of strong closes. Nevertheless, Opus One saw active trade, with 5 vintages changing hands.??