Liv-ex Fine Wine 50 suffers second decline

30th September, 2013 by Livia Xin

The Liv-ex Fine Wine 50 index is heading towards its second consecutive quarterly decline due to lack of demand for the Bordeaux 2012 vintage.

According to Bloomberg, the index, which tracks the price movement of the ten most recent physical vintages (currently 2001-2010) of the five Bordeaux first growths, has declined since mid-March, and is set for its fifth monthly decline in the past six months.

Although the index experienced a slight rise at the end of the summer, a 20% drop in the en primeur price of the 2012 vintage in Bordeaux compared to the 2011 vintage a year ago has failed to spark a buying trend.

However, wine fund managers remain confident about the long-term profitability of wines from the region.

“Despite the major correction in Bordeaux, we are still better off having traded in that market rather than most of the northern and southern Rhônes since inception,” William Beck, partner of Wine Asset Managers, told Bloomberg.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to our newsletters

Job vacancies

UK Brand Ambassador - That Boutique-y Gin Company

That Boutique-y Gin Company
Tunbridge Wells, Kent, UK

Senior National Account Manager – Grocery (Craft Spirits)

Maverick Drinks
Tunbridge Wells, Kent, UK

Senior National Account Manager – Wholesale RTM (Craft Spirits)

Maverick Drinks
Tunbridge Wells, Kent, UK

Digital Marketing Manager

Master of Malt
Tunbridge Wells, Kent, UK

Experienced On Trade Sales Person

Borough Wine Imports
London, GB

3 x Business Development Executive

The Lakes Distillery Company Limited
Newcastle head office and nationwide, UK

Editor

Master of Malt Ltd
Tunbridge Wells(Kent)

Sales Account Manager - On-Trade

Berkmann Wine Cellars
Liverpool

Brand Manager

Hallgarten Druitt
Luton, UK

Experienced On-Trade Salespeople Required

Portal Wines and Spirits
London, UK

Purchasing and Sales (Wine Trader)

JF Tobias
London, UK

Sales Account Manager - On-Trade

Berkmann Wine Cellars
Cambridge / Peterborough / Bedfordshire, UK

The Global Merlot Masters 2017

Deadline : 17th April 2017

db Awards 2017

Deadline : 28th April 2017

The Global Organic Masters 2017

Deadline : 14th April 2017

The Global Sparkling Masters 2017

Deadline : 12th May 2017

Click to view more

Global Chardonnay Masters 2016

Now in its fourth year, the competition will identify the best Chardonnay from all around the world in every price range.

Rioja Masters 2016

Now in its fifth year, the competition will recognise and reward the finest Riojas on the world stage.

Fortified Masters 2016

Now in its third year, The Fortified Masters will reward the best fortified wines on offer.

The Global Malbec Masters 2016

the drinks business is proud to announce the inaugural Global Malbec Masters 2016.

Click to view more