Liv-ex has been tracking the ratio of bids to offers for signs of a recovery, and in the week to 21 August recorded it had hit 0.46, the highest since March.
The tail end of August has offered more reasons for fine wine followers to be cheerful as the value of bids on Liv-ex increased by £1 million.
Vintage Champagne is being touted as the next big wine investment by London-based fine wine merchant Woolf Sung.
Bordeaux first growths Margaux and Haut-Brion are taking an increasing amount of trade by value on Liv-ex – more than the other three first growths combined.
Haters better watch out, the ace is back – almost – but what music will he be listening to?
The Liv-ex Fine Wine 100 declined for the sixteenth straight month in July but it was the slightest monthly drop since December last year.
The Liv-ex Fine Wine 50 has held steady for the past few weeks and July is set to be one of the strongest months of trading this year – are things finally looking up for the fine wine market?
Although Lafite no longer commands the share of trade it used to there are vintages that are still attracting buyers’ interest.
Liv-ex considered a statement made by Robert Parker 10 years ago about first growth pricing and has found him to be largely correct.
After a recent surge, Champagne’s price appreciation has shuddered to a halt in 2014 although it may just be a temporary blip.
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