The Liv-ex October Market Report has been published exclusively for members on our Silver tier package or higher. The following is an extract.
Liv-ex members on our Silver tier package or higher can access the full report here. To upgrade your package click here or speak to your Account Manager.
Fine wine falters in October
Of the leading secondary market indices, only the Liv-ex Fine Wine 1000 rose in October, up 0.2%. The Liv-ex Fine Wine 100 dipped 0.5% and the Fine Wine 50 was down 0.7%.
The Liv-ex 1000 was driven by the performance of the Champagne 50. The sub-index rose 2.1% in October and was the best performing of the seven sub-indices for the fifth month in a row.
Whereas Sterling weakness gave the market a boost in September, its stronger performance against the US Dollar and Euro in October reduced the buying power of those currencies.
In addition, a 33-year record hike in UK interest rates and warnings of a prolonged recession, as well as the continued absence of Hong Kong and mainland Chinese buyers have added to the headwinds facing the market.
The full report contains additional Liv-ex research and analysis:
- Champagne increases its trade share
- The best performing Champagnes in the Liv-ex Fine Wine 1000
- Penfolds’ new Bordeaux acquisition and Grange release
- Neal Martin’s review of Château Les Carmes Haut-Brion
- Finding value among Cristal’s recent vintages
Liv-ex members on our Silver tier package or higher 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 600 merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £80m of bids and offers across 16,000 wines.
