Liv-ex director Justin Gibbs gives his insight, particularly in relation to Bordeaux, on the Liv-ex Power 100 list of the world’s top-performing fine wines.
Bordeaux en primeur prices could drop by up to 30% compared to last year if one takes into account a newly weakened euro, believes Allan Sichel.
Liv-ex director James Miles has delivered a stark warning to Château-owners in the run-up to next year’s en primeur.
October saw the highest number of transactions since Liv-ex began, though prices are still a long way off their high.
The Liv-ex 100 index saw positive growth for a third consecutive month in October, while the Liv-ex 50 ran flat.
Liv-ex MD James Miles, will tell this week’s Wine Industry Conference in Hong Kong why speculation is, and always has been, part of fine wine.
The 2008 vintages of Penfolds Grange and non-first growth crus classés took centre stage in the fine wine world this week.
With Masseto 2010 up 90% on Liv-ex over the last 12 months, expectations are running high for the 2011.
In its quest to simplify and speed up fine wine trading, Liv-ex have just introduced a system to check the condition of individual bottles.
Last week saw an uptick in trade for Bordeaux’s first growths on Liv-ex, as “off” vintages yet again boosted the region amid more growth for fine wine.
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