Beyond the blog: is fine wine recovering?

29th August, 2014 by Tom Bruce Gardyne

Liv-ex has been tracking the ratio of bids to offers for signs of a recovery in the fine wine trade, and in the week to 21 August recorded it had hit 0.46, the highest since March.

Cos d’Estournel

Cos ’03 looks ripe for an upturn

“It is only a guide,” said Anthony Maxwell, head of exchange, “But the past suggests that once the bid/offer ratio goes over 0.50 (half the value of bids to offers), then prices start to rise, although this of course not a certainty.”

While Liv-ex doesn’t advise as such, Maxwell added that, “2005 left banks, as well as 100 pointer (non-firsts) from 2009 look the right price and right for an upturn. Otherwise it’s Cos ’03 [“super second” Cos d’Estournel] and some Montrose with people taking a view on Robert Parker’s scores released later this week, and elsewhere more activity around Carruades ’12, which will become physical in September.”

Port also saw a slight bounce thanks to trade for Quinta do Noval, Nacional 2011, released last year. “There tends to be an uptick in September to October in the run-up for Christmas,” says Maxwell.

“Here though I think it was more a case of offer prices that encouraged buyers for stock.”   ​

Top 5 by value_21Aug

Soucre: Liv-ex

Top 5 by volume_21Aug

Source: Liv-ex

Liv-ex 50_four weeks

Source: Liv-ex

Beyond the blog is run is association with Liv-ex.

Liv-ex logo

Leave a Reply

Your email address will not be published.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

Subscribe to our newsletters

Job vacancies

Sales Manager – Midlands and South West

Pol Roger Portfolio
Midlands and South West

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

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