Regional trade in the past week
Bordeaux has upheld its leading position in terms of trade by value, accounting for 32.2% of the total. Nevertheless, there has been a decline in its trade share for the second consecutive week. Notably, trading activity around?Le Pin 2009,?Chateau d’Yquem 1975?and?Chateau Margaux 2009?has provided support to its position.?
Champagne has increased its trade share from 20.1% to 22.5% this week. Trading activity from the region includes?Rare 2014?and?Bollinger La Grande Annee 2014,?both featured in the most active wines this week, as well as?Louis Roederer Cristal 2008.?
Tuscany has experienced the most significant surge in trade out of all regions, representing 11.8% of total trade by value. Key contributors include?Tignanello Toscana 2019,?Sassicaia Tenuta San Guido Bolgheri 2020?and?Castellare di Castellina Sòdi San Niccolò IGT 2019?and?2018.?
Positive momentum extended to the USA and the?‘Others’ category, both experiencing increases to 4.9% and 6.1%, respectively.?
Conversely, the Rh?ne and Piedmont recorded marginal decreases in their trade shares and Burgundy’s performance remained flat week-on-week.?
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This week’s top-traded wines?
As mentioned earlier, Tuscany has displayed strength this week, with?Tignanello, Toscana 2019?featuring in the top five wines traded by value.?
Two of the other top spots in the most traded wines by value this week were taken by wines from Bordeaux, contributing to maintaining its leading regional trade position.?Chateau d’Yquem 1975?was the most actively traded wine followed by?Chateau Margaux 2009.??
Chateau Margaux 2009?was scored 100 points by Jane Anson, 98 points by Lisa-Perrotti-Brown (The Wine Advocate) and 97 points from Neal Martin (Vinous). Notably, this vintage reached its recent peak trade price of ￡7,700 in October 2022, and its last trade price of ￡6,500 suggests the potential for the wine to revisit its peak.
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