Talking Trade – The first Spanish wine listed on La Place de Bordeaux

The Liv-ex Bordeaux 2020 En Primeur closing report became available-to-all this week. The report includes Market Prices and scores dating back to 2005, which offers an in-depth comparison of 16 Bordeaux vintages.

Prices for Domaine Romanée-Conti Romanée-Conti Grand Cru – the most expensive of the domain’s offering – continued to reach record prices this year. So far in 2021, the 2005, 2006, 2009, 2011, and 2013 vintages have all hit record high trades prices.

Trade publication the drinks business announced that a Spanish wine will be released via La Place de Bordeaux for the first time this September. The inaugural, 2017, vintage of Telmo Rodriguez’s “YJAR” will be offered with a recommended retail price of €120 per bottle.

Newly created LWIN11: 20903132017

Regional trade

Both Burgundy and “Others” made significant gains on last week’s trade share. And at the expense of Bordeaux, which fell to one of its lowest levels since the start of the year.

Champagne, the USA, and Rhône all made small gains, while Italy saw a small drift in its trade share.

The Others category was specifically in focus this week as it was one of the most active weeks for spirits trade. The number of trades that happened this week around spirits ranks in the top 10 all-time on the Exchange.

Top traded labels

Domaine de la Romanee-Conti, Romanee-Conti Grand Cru 2009 was the top traded wine of the week.

Much like the DRC mentioned above, Réné Engel 2002 traded at an all-time high on the secondary market. The 2002 vintage originally traded on Liv-ex for £440 per 12×75 in March 2005. Taking its last trade into account this represents a 6,445% increase in price in 16 years.