The Liv-ex September Market Report has been published exclusively for members on our Silver package or above. The following is an extract.
All major indices fell during August. The Liv-ex Fine Wine 100, the industry benchmark, fell 1.0%, similar to its July fall (-1.1%). It has now fallen 5.4% year-to-date.
The wider market, represented by the Liv-ex Fine Wine 1000 (which tracks 1,000 wines from across the world), fell 0.1%. Within the Fine Wine 1000, certain sub-indices fared better than others. The Rest of the World 60, which tracks the ten most recent physical vintages of six wines from Spain, Chile, USA, and Australia rose 0.8%. So too did the Rhône 100, Burgundy 150, and Champagne 50 record modest rises (up 0.5%, 0.2%, and 0.1% respectively).
There was, however, an uptick in trade towards the backend of the month, with 55.0% of trade by value taking place in the second half.
August also saw a rise in the number of unique brands (LWIN7s) and wines (LWIN11s) traded (9.8% and 9.9% respectively).
The full report contains additional Liv-ex research and analysis:
- Despite the broader market’s downward movement, some indices have risen. We take a look at the Rest of the World 60 and some of its components in our indices insights section.
- Liv-ex has recently undertaken a significant analysis of the relationship between critics’ ratings and prices. One aspect of this, explored in this report, has been to examine the impact of ratings on the prices of different crus of wine.
- Using technical analysis, we assess the possible future price movements of the Bordeaux Legends 40 – has the index truly stabilised, or should we expect yet another downturn?
- Last week saw the start of La Place de Bordeaux’s September releases. In this report, we give an overview of the releases so far, and their success (or lack thereof) in the market.
Liv-ex members on our Silver package or above can access the full report here. To upgrade your package, click here or speak to your Account Manager.
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 620+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 20,000 wines.
