Château Rayas 2009 leads trade in early June

  • Bordeaux, Champagne, USA and the Rhône increased their share of trade.
  • Château Rayas Châteauneuf-du-Pape 2009 was the most traded wine at the beginning of June.
  • Weekly insights included En Primeur release coverage, Fair Value analysis ahead of major releases, and the publication of the June Market Report.

Regional trade this week

Bordeaux has enjoyed increased secondary market activity as the 2021 En Primeur campaign has neared its midway point. The 2019 and 2014 – two of the best value vintages on the market today – were firmly in buyers’ sights.

The Rhône more than tripled its trade share by value in the beginning of June. Demand was led by its southern half, with Châteauneuf-du-Pape accounting for 73.3% of the Rhône’s total trade. Château Rayas and Clos des Papes saw the biggest value and volume purchases respectively.

The USA also improved thanks to trade around Opus One, Screaming Eagle and Caymus.

This week’s top traded

Château Rayas 2009 was the most active wine, with a last trade price of £20,000 per case. The 2009 is Robert Parker’s highest rated vintage (98-points) since the 1990.

In his tasting note in 2011, Parker called ‘this monumental Rayas […] breathtaking’ and observed that ‘this beauty will undoubtedly be drinkable early on (although Emmanuel Reynaud considers that to be infanticide), and it is capable of lasting 25-30 years’.

The second-most traded wine by value was Dom Pérignon 2012, which last traded at an all-time high of £1,920 per case. This represents a 45.5% premium on release.

Dom Pérignon 2012 trades on Liv-ex