The report provides detailed information on the impact of various factors influencing the valuation of wine futures. On average, the lower temperatures during the summer of 2019 caused a decrease of 1% approximately for chateaus located in the Left Bank and 2% for those chateaus located in the Right Bank. Higher precipitation in the Left Bank reduces prices by approximately 2.5% but a lower precipitation in the Right Bank helps increase prices by 0.2%. The decline in the Liv-ex 100 index results in approximately another 2.3% decrease in realistic prices. The increase in Neal Martin’s and Lisa Perrotti-Brown’s overall scores leads to an average of 4.32% and 0.98% increase in prices, respectively. James Suckling’s slightly lower scores leads to a decrease of 0.42% on average in realistic prices. Find out more here.
