Lafite tops new liquidity ranking

Liv-ex has launched the first of its quarterly liquidity rankings with Lafite 2014 topping the list at the end of Q3.

As posted on its blog, Liv-ex explained that it has used the simplest metric to measure the liquidity of the fine wine labels on its list – traded value.

The ranking is based on a 12-month moving average, so, it explains: “The ranking of Lafite 2014 for Q3 2017 is based on an average of the total traded value of the wine between the start of October 2016 and the end of September 2017.”

Liv-ex admits that traded value is hardly a “perfect measure of liquidity” as it tends to be biased towards wines with a high case price.

On the other hand, “as the liquidity rank is merely gauging the amount regularly turned into cash on the Exchange, this bias to high value wines is mitigated.”

In terms of what made the grade as the third quarter of the year comes to an end, the dominance of Bordeaux and its first growths in particular was clear.

Over 40% of the entire table is comprised of first growths, principally Lafite and Mouton Rothschild, with many of them posting strong gains in the last three months.

There are some high positions for Sassicaia as well with the 2014 rising a whopping 191 places from 201st place to 10th between July and the end of September, while the 2013 was in second place at the end of Q2 though it dropped two places in Q3.

Other non-Bordeaux labels in the top 50 on the list include: Ponsot’s 2014 Clos de la Roche Vieilles Vignes; 2002 Salon; 2007 Cristal; 2002 Bollinger RD and 2014 Screaming Eagle.

As well as many now-physical wines from the 2014 Bordeaux vintage proving popular, the presence of a few 2015s shows, “that there can be a robust market for trading en primeur contracts,” noted Liv-ex.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Partner Manager - Manged On-Trade

Maverick Drinks
London, UK

Brand Manager

Hatch Mansfield
Ascot, Berkshire

Head of Sales

IWSC
London, UK

Logistic and Fullfilment - Whisky (and wine) administrator

Stilnovisti Ltd
London, United Kingdom // Dufftown, Keith, United Kingdom

Account Manager

Harviestoun Brewery
Field Based, UK

Buyer - Spain & South America

Enotria&Coe
London, UK

Events Sales Manager

Enotria&Coe
Field based - London or surrounding area

Sales Director Europe

Mirabeau Wine
Europe

Digital Co-ordinator

Alliance Wine
London, UK

Argentina Breaking New Ground Masterclass Series

Manchester,United Kingdom
16th Oct 2018

Argentina Breaking New Ground Masterclass Series

Leeds,United Kingdom
17th Oct 2018

Argentina Breaking New Ground Masterclass Series

Edinburgh,United Kingdom
18th Oct 2018
Click to view more

Global Chardonnay Masters 2018

Deadline : 17th October 2018

Green Awards 2018

Deadline : 19th October 2018

Click to view more

The Global Sparkling Masters 2018

As with all of the drinks business awards, our judging panel is comprised of Masters of Wine, Master Sommeliers and senior buyers making the competition globally renowned.

Champagne Masters 2018

Enter your wines into the Champagne Masters 2018, the only blind competition dedicated to Champagne in the UK.

Click to view more