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How low can the market go? 

The Liv-ex September Market Report has been published exclusively for members on our Silver package or above. The following is an extract.     

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.    

*data taken on the 13th of September 2023.   

The last update showed a deceleration in the decline of all major Liv-ex indices.  

The Liv-ex Fine Wine 100, the industry benchmark, experienced a 1.3% decline from the previous month to close at 376.55. Similarly, the Liv-ex Fine Wine 50 (which tracks the movement of First Growths) fell by 1.4% month-on-month.  

While the year-to-date trend remains bearish, it’s worth noting that the pace of decline across indices has slowed significantly. In particular, the Liv-ex Fine Wine 1000 slipped by only 0.8% last month, in contrast to its 9.5% decline since the beginning of 2023. 

A soft market is, by definition, a buyers’ market, and it appears that buyers have stepped up their participation. August recorded increased trading activity, with trade by both value and volume showing an uptick. Market breadth also expanded, with 2,035 individual labels (LWIN 11s) trading on Liv-ex over the past month. 

Is this deceleration a sign that the downturn is ending? Probably not yet. In this report, we’ve turned to historic data and technical analysis to try to understand just how far this decline can go, highlighting pockets of growth along the way. 

The full report contains additional Liv-ex research and analysis:  

  • The rise of the Bordeaux Legends 40 
  • Technical Analysis of the Burgundy 150 
  • Jane Anson’s September Releases Report 
  • Will ‘benchmark wines’ ever fall from grace? 

Liv-ex members on our Silver package or higher can access the full report here.   

To upgrade your package, click here or speak to your Account Manager.