Talking Trade – Screaming Eagle 2016 Released

  • Anthony Maxwell, Liv-ex Director

  • 05 Mar 2019 | News & Views

The third week of February was relatively quiet for the trade. While most regions pulled back on the previous week, Bordeaux’s share by value rose from 54.4% to 64.1%. It was helped by increased activity from the First Growths—Lafite, in particular.

Italy also improved on last week, up from 9.6% to 11.2%. Champagne’s trade share by value fell to 5.3%, while Burgundy experienced a slight dip from 14.5% to 11.2%.

Bordeaux dominated the most traded wines by value this week, with two Lafite vintages making it into the top five. In the first place was the 2000 vintage (RP 98+), which last traded at £13,000 per 12×75. The older 1996 traded at £9,200 per 12×75. The 100-point Robert Parker Pavie 2000 was also active at £4,575 per 12×75.

Domaine Ponsot, Clos Roche Vv 2016 was the exception to this Bordeaux trend. The Burgundian label last traded at £3,762, slightly below its current Market Price.

Screaming Eagle 2016 Released

Two weeks ago, Screaming Eagle 2016 was released in the USA at $1,050 per bottle (£800). Screaming Eagle, however, is produced in small quantities and releases are often based on long term relationships and allocations. As a result, the release price has risen considerably and the wine is now being offered by merchants for $3,000 per bottle (£2,325). Lisa Perrotti-Brown, MW, awarded the wine a score of 98-100 points when tasting it in barrel, commenting on its “wonderful energy” and “fantastic freshness.” It has been reported that there will be no commercial release of Screaming Eagle 2017 due to smoke taint caused by the October wildfires that ravaged Northern California.

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.

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