Fine-wine trading opened September with a meaningful increase in activity. Liv-ex reported that total trade value rose 53.6% week-on-week, driven principally by greater purchasing from buyers in the United States and Europe. American buyers accounted for 41% of total traded value, maintaining their position as the market’s most important buying group for the week.
Bordeaux reclaimed its leading share of trade, representing 37.4% of total value, while purchase value for Bordeaux rose 36.7% week-on-week. Burgundy’s purchase value rose 31.0% over the same period. The market was not moving indiscriminately: it was moving toward names with established liquidity and a credible drinking or collecting story.
Lynch-Bages was the week’s top-traded producer, and its brand-level index was up 5% over the previous 12 months. Back-vintage Bordeaux also returned to focus, with the Liv-ex Legends 40 index rising 0.8% month-on-month. Burgundy remained highly active, led by Domaine de la Romanée-Conti and Pierre-Yves Colin-Morey, whose wines traded across a broad range of cuvées.
This is not a declaration that the correction is over everywhere. It is more interesting than that: buyers are returning where the combination of provenance, maturity, reputation, and pricing feels difficult to argue with.
Sources: Liv-ex
