Welcome to the April 2017 Liv-ex newsletter
The Liv-ex Fine Wine 50 Index reached a new five-year high this month and appears to be at a turning point. Historically, it has either risen or fallen quite rapidly after reaching its current level. Could Bordeaux 2016 represent a catalyst?
Bordeaux 2016 – your views
“The wine world can debate whether the 2016 vintage is better than 2015, but the bottom line is that both years are excellent.” – James Suckling
Last week, we circulated the 15th annual Liv-ex members En Primeur survey. In it, we ask for your thoughts on the quality of the vintage, how it compares to other recent years, and which wines you liked the most (and least…). The results will be fascinating. Participants also have the chance to win a double magnum of Figeac 2012. To have your say, please click here.
How to sell En Primeur on Liv-ex – reminder
If you plan to sell En Primeur on Liv-ex, you can find all the information that you need here. This includes details on required bank guarantees or insurance bonds, delivery requirements and payment.
Liv-ex Insights launches
Liv-ex Insights launched in March, providing a new home for the blog and a host of other research-focused content. Throughout the Bordeaux 2016 campaign, we’ll be posting analysis on all of the key releases as usual. You can also compare critic scores, view key prices and follow the #bdx16 conversation.
Market View: Your interactive dashboard for En Primeur
The annual Price Guide For Members has moved online – to Liv-ex Insights. The significant advantage of this is that prices are updated in near real-time. As key 2016s are released, they will be added to Market View, enabling you to compare them to other vintages available in the market. Please contact your Account Manager to gain access.
2016: A new dawn for En Primeur?
In March, Liv-ex released its special report: Bordeaux 2016: A new dawn for En Primeur? In it, we explore how the secondary market might inform pricing and help to restore confidence in the EP system. Available to Liv-ex members, you can download it here.
Liv-ex team
Edward Jackson has joined Liv-ex as a Research Analyst, tasked with contributing towards Liv-ex’s fine wine market research and insight. Ed’s previous experience includes business development analysis. He holds a BA in History from Durham University and is a keen rugby player.
Liv-ex in the news
In March, the FT (subs only) looked at the common link between Fine Wine and copper: China. Bloomberg kept its eye on global affairs, looking at how Brexit is affecting Champagne sales, while the Drinks Business reported on merchants’ (mixed) reaction to the ex-Chateau Latour releases.
On En Primeur, Decanter wrote on what merchants and traders are saying about price; the Drinks Business covered Liv-ex’s ‘call for the end to pricing opacity’ and ‘fair value’ methodology.
Thank you for reading
We hope that you’ve found this edition useful. As always, you can keep up to date with developments as they happen by visiting the Liv-ex noticeboard. If you have any feedback or questions on this newsletter, please email [email protected] or call +44 (0)20 7062 8788.
