Lafite Rothschild 2016 trades at huge discount to market value

Bordeaux maintained its leading position in trade by value last week, accounting for 44.1% of trade, slightly higher than the previous week’s 43.0%. This success was driven by the popularity of Château Latour 2015 and Château Lafite Rothschild 2016, which were among the top traded wines this week.

Champagne had a strong week, representing 16.2% of trade by value, up from the previous week’s 11.0%. Three of the top traded wines of the week were from this region, indicating a surge in demand.

Burgundy experienced a marginal increase to 22.7% compared to  21.7% previously. Trade was primarily fueled by DRC, Romanee-Conti Grand Cru 2014, Domaine Leroy, Chambertin Grand Cru 2011, and Domaine Dujac, Clos Saint-Denis Grand Cru 2017.

Piedmont also saw a small uptick in trade, accounting for 3.9% compared to 3.3% the previous week. Giuseppe Mascarello e Figlio, Barolo, Monprivato 2018, and Giacomo Conterno, Barolo, Monfortino Riserva 1996 were the most actively traded wines from this region.

All other regions, including the Rhône, Tuscany, the USA, and the ‘Others’ category, experienced a decline in their share of trade. Tuscany saw the most significant decrease, dropping to 5.7% last week compared to 10.0% the previous week.