The London International Vintners Exchange (Liv-ex) is a trusted source of transaction-based, real-time, and historic fine wine market data based on the trading activity of Liv-ex’s 600+ members, who among them represent the largest pool of liquidity in the world.
Liv-ex price data is quoted by Bloomberg and Reuters as the industry standard and is used by professional fine wine merchants worldwide to value wine and inform buying- and selling decisions.
Market Price
The Market Price is the best-listed price for a wine in the secondary market. Unless otherwise stated, it is standardised to GBP and 12x75cl.
You can find more details on how it is calculated, and how you can use it, here.
Mid Price
The mid-point between the highest live bid and lowest live offer on the market, validated against additional data including transaction prices and historical list prices. Mid-prices are used to calculate the Liv-ex indices and value the world’s leading fine wine funds.
Prices given are for 12x75cl trades, or 6x75cl converted to a 12x75cl price.
Bid Price and Offer Price
The price at which Liv-ex trading members are currently bidding to buy or offering to sell the wine on the market.
Note that Liv-ex prices don’t include taxes, commission or settlement fees.
Last Trade Price
The transactional price at which each wine was last bought and sold on the global marketplace.
Last Auction Price
The price the wine was last auctioned at. Liv-ex collects auction prices for around 100,000 different vintage-specific wines, from the largest auction houses such as Christie’s, Sotheby’s and Acker.
Average List Price
The 30-day mean price for all stock listed by Liv-ex merchants.
RELEASE PRICES
Ex-Chateau*
Ex-Chateau price is the first price for the wine, released by the Chateau to the negociant
Ex-Negociant*
Ex-Negociant price is the price that the Negociants sell at, to the international trade.
Ex-London*
Ex-London price is the price that the international trade (UK in this example) sell at to their private clients. This price is in-bond.
*These prices will evolve over the course of an En Primeur campaign. The prices Liv-ex shows are the first prices reported.