Opus One 2021 top-traded wine of the week, Vega Sicilia leads Spain to a strong close

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.?

Weekly insights recap?

This week, Liv-ex members were sent a Market Update on Antonio Galloni’s Bordeaux 2022 in-bottle scores, including a look at Chateau Lafleur’s stable release pricing model.?

Bordeaux remains in the lead of the market, taking a 36.0% share of traded value this week. Though Chateau Mouton Rothschild and Chateau Latour were the top-traded wines by value, less expensive labels such as Chateau Pape Clément and Chateau Cos d’Estournel traded more actively. Chateau Lafite Rothschild fell unusually low in Bordeaux’s ranks, closing in 8th place.?

Champagne took an 11.3% share of traded value, down on its close last week at 14.2%. Salon was the region’s top-traded producer by value, followed by Dom Pérignon and Louis Roederer.??

Spain had its strongest week in recent memory, taking 8.3% of traded value and pushing the region into fourth place behind Champagne. While wines from producers such as Dominio de Pingus, R. López de Heredia and Artadi saw some trade, this was largely thanks to Vega Sicilia, the week’s top-traded producer overall.??

Following a strong close last week, the USA fell back to its December average, taking a 7.7% share of traded value. Opus One was by far the region’s top-traded wine, accounting for over half of its traded value.??