Bordeaux Holds Above 30% of Liv-ex Trading

Chateau Margaux. Photo: Guy Collins

By Guy Collins

Bordeaux remained above 30% of the trading on the Liv-ex online wine market by value for the second consecutive week as the 2018 vintage became physically available, according Liv-ex’s Talking Trade market blog.

While trade for physical Bordeaux 2018 is now greater than that seen during the en primeur period, buyers’ focus remains on the standout 2016, 2015 and 2009 vintages, Liv-ex said.

With Chinese Lunar New Year imminent on Feb. 12, the Year of the Ox is about to start. Since the Zodiac calendar runs on a 12-year cycle, the last Year of the Ox was 2009, boosting interest in that vintage.

The top Bordeaux wines traded by value during the week ended Feb. 4 were Chateau Margaux 2018, at 4,708 pounds ($6,467) per 12-bottle case in bond, and Chateau Valandraud 2016, a Saint Emilion grand cru, at 1,146 pounds a case, Liv-ex said.

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I am a journalist writing about the Bordeaux wine market.

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