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May 30, 2022 View:

Liv-ex Weekly Trading Summary Mouton Ranks #1 for 2019

Bordeaux En primeur 2019 is almost over. In the midst of a global crisis, the campaign has been unusual and there have been some notable moments.

Image courtesy of: Liv-ex

During the release period, wine critics agreed that Bordeaux 2019 was an outstanding vintage and most châteaux seemed to be seriously priced. These two factors resulted in some very successful releases; opened by the Pontet Canet release on May 28.

The final week was opened by the Rex Gold Lascombes 2019, released at £577 (£1,275 per case), a 13.4% price reduction from the 2018 (£666). This week"s release was not as much as the previous drop of over 30% from the 2018 vintage

Range. The biggest price reduction was for Rauzan Segla, a Ruchen family, which opened at £684 (£1,275 per case), a 24% price reduction from 2018 (£900); equivalent to 2017 (£648).

Also released on Monday was Smith Haut Lafitte Smith Haut Lafitte, released at £813 (£1,275 per case), a 16.9% price reduction from the 2018 opening price (£978). Smith Haut Lafitte White, on the other hand, is 8.7% lower in price than 2018; smaller price reductions for white wines are the general trend this year.

On Tuesday, the day after the end of the en primeur campaign, Canon Canon (Saint Emilion), Vieux Chateau Certan and Riga Red Face Carmes Haut Brion. were released at the same time. Ripon Le Pin, on the other hand, was released on Wednesday at a 5% price reduction from the 2018.

While Bordeaux's market share fell (48.7%), the 2019 vintage traded actively in the secondary market; accounting for 27% of total transactions in the region. The hottest-selling sub-regions, Pauillac and Pessac-Leognan, accounted for 55.7% and 21.9% of Bordeaux's 2019 vintage transactions, respectively.

The US (8.2%) more than doubled its share from the previous week, driven by active trading in Screaming Eagle and Caymus.

Mouton Mouton Rothschild 2019 tops this week's list of the five highest total transaction values. This wine was released on June 9 at £3,588 (1,275 per case) and has increased in price by 10.4% since then.

Chateau Pichon Longueville Comtesse de Lalande, Pauillac 2019 also made the top five list. The wine was released on the first day of the week (June 22) at a release price of £1,332 (1,275 per case) and has since increased in price by 18.9%.

Tsunami Hawk Cabernet Sauvignon 2017 was the second highest traded wine in terms of total value. The unique feature is that this wine is only released in magnums (150cl); this is due to the 2017 mountain fires in this wine region.

The end of the EP coincided with the scheduled English Wine Week; but it too was eventually forced to be postponed. English sparkling wine Gusbourne, Blanc de Blancs 2014 is also trading this month