Rising demand for Rhône, US and Italian wines 

Trade for the Rhône, US and Italian regions rose this week.

Regional trade this week

Bordeaux maintained its leading share of trade this week. Burgundy and Champagne both declined, with Burgundy regaining its place as the second most-traded region – though Champagne remains a close third.

The big change this week was in demand for the Rhône, US and Italian regions which all rose. The Rhône had the biggest jump, up to 5%, with high demand for Châteauneuf-du-Pape from the likes of Domaine du Pegau, Château Rayas and Henri Bonneau.
Italian trade was principally Tuscan, driven by Tignanello, Masseto and Sassicaia.

Trade for other regions declined although Australia continued to see the highest demand, largely based around the new 2018 vintage of Penfolds Grange.

Source: Liv-ex