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Liv-ex reveals most searched for wines
Fine wine exchange Liv-ex has revealed the 50 most searched for wines listed on its platform so far this year and while it’s still dominated by Bordeaux there are some new interlopers from elsewhere in the fine wine world.
source: Liv-ex
Liv-ex reviews its most searched for wines each summer in order to see where the attentions of global fine wine merchants are focused and if there have been any noticeable patterns or trends that have emerged over the course of the last year.
Right at the top of the pecking order there has been very little change. The top 20 labels that have been looked up are all Bordeaux and the top five are the first growths as they were in 2017.
A few wines have shuffled up and down a few spots since last summer, the biggest faller being Montrose which has gone down four places.
Among the firsts the only change is that Margaux has switched with Haut-Brion to be the third most searched for wine on the exchange, helped along Liv-ex explained by its 2015 vintage which is the single most searched for wine so far this year.
Of the 50-strong list, a full 44 of them are Bordeaux labels but even so there are some new entries. The most notable of these has been Carmes de Haut-Brion which has shot up a whole 34 places to reach number 44 on the list – although its trade by value is still very low. Clerc Milon, Domaine de Chevalier and Conseillante in 46th, 48th and 50th positions respectively are also new to the list.
Outside of Bordeaux the highest ranked wine is Super Tuscan Sassicaia at 21, and the highest new entrant on the list is Napa’s Opus One at 31.
Surprisingly, Domaine de la Romanée-Conti’s Romanée-Conti is new to the list in the 40 spot, while La Tâche has declined two places to 47th from last year.
Louis Roederer’s Cristal climbed an impressive 18 places to 24th place but Möet & Chandon’s Dom Pérignon went down three to 49th.
And those six wines that have dropped out of the top 50 since last year?
Also all Bordeaux: Haut Bailly, Rauzan-Ségla, Clos Fourtet, Troplong Mondot, Fleur Petrus and l’Eglise Clinet.
Livl-ex seems to forget the high brokerage, storage n cost of carry. Wines investment. Is a very illiquid market. When all these r factor in, its not as attractive as we r lead to believe…Only consolation is if its a bad investment, u can drunk ur sorrow.