• Source: www.liv-ex.com

Petrus 2016 leads weekly trade by value


Bordeaux's trade share rises to 64% and Petrus 2016 leads weekly trade by value.

Bordeaux's share by value rose to 64% of the total trade, having meandered in the 35%-45% range in the last few weeks. The Liv-ex 50 index, which tracks the price performance of the First Growths, dipped 1.3% on last week's close, reflecting the strengthening of the sterling against the euro.

Other regions took a hammering from Bordeaux's gains this week. Burgundy accounted for 12% of the total trade, with Italy taking up 9% and Champagne 6%.

Petrus 2016 led this week's trade, and last sold for £32,996 per 12x75. Both James Suckling and Lisa Perrotti-Brown MW have found perfection in the wine, awarding it 100 points.

Two older vintages of Petrus came second and third. Both traded as Imperial bottles (600ml), priced at £54,498. Carruades Lafite 2017 also saw activity, following the UGC trade tasting in London earlier this month.

Read the full article at: https://www.liv-ex.com/2019/10/talking-trade-petrus-2016-leads-weekly-trade-value/

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Veblen Wines Ltd, Holly Bank Chambers, The Oasts, Red Hill, Wateringbury Maidstone ME18 5NN, United Kingdom

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