New claret highs as trade awakens

Two Bordeaux labels have seen new record highs on the Liv-ex exchange as trade picks up again after the usual summer lull.

Trade levels on the Exchange lifted last week according to Liv-ex with the value of trade doubling as the annual summer quiet period appeared to come to an end.

The top traded wines by value from 18-24 August were Perrier-Jouët’s 2008 Belle Epoque, the 2012 Pagodes de Cos, Haut-Brion’s 2007 and 2014 vintages and the 1996 Margaux.

Meanwhile, a number of wines traded at new all-time highs yesterday (31 August).

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Liv-ex reported that 1996 Beychevelle has traded at a new high of £948 for a case of 12 and Grand-Puy-Lacoste 2009 hit £665 per dozen as well.

Earlier in August several vintages of Calon-Ségur registered new trading peaks in the Exchange.