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Talking Trade: Louis Roederer Cristal 2006

  • Anthony Maxwell, Liv-ex Director

  • 02 Jul 2019 | News & Views

Two weeks ago, Champagne’s share of trade by value reached a record high of 33.3%, helped by active trading of the 2006 vintage. This week the region continued its dominant streak, claiming a 21.2% share. Though slightly down on last week, Champagne is still well above its share for May (4.9%).

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Bordeaux (55.5%), Italy (1.9%), the Rhone (1.9%), USA (1%) and the Others category (2.4%) were all up on last week, while Burgundy (11.3%) dipped slightly.

The Liv-ex 50 closed the week on 347.2, up 0.19%.

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The 2006 Louis Roederer Cristal was the most active wine for the second week in a row. It was closely followed by two First Growths: the 2012 Margaux and the 2009 Latour.

Margaux 2012 last traded at £3,614 per 12×75, up 29% on its release price of £2,800, while Latour 2009 traded at £9,350 per 12×75. The latter was scored 100 points by Lisa Perrotti-Brown MW back in March. In her tasting note, she said it finished “very long and wonderfully minerally.”

Readers should take note that the views of this author represent those of a company with an interest in the wine trade. Liv-ex operates the global marketplace for fine wine. It offers trading, data and settlement services to professional buyers and sellers of fine wine. Private collectors can view Liv-ex prices and value their portfolios using Cellar Watch and find regular market analysis on the blog. The opinions of Liv-ex are their own and do not represent those of Robert Parker Wine Advocate or Wine Journal. Liv-ex contributes articles to Wine Journal that we feel are of market relevance to readers, but we do not specifically endorse this company.

Hero image courtesy of Louis Roederer/Facebook.

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