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wine market blog Nov 2019

 

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In 2019, Suckling and his team rated 25,000 wines from different vintages and discovered “more than 50 perfect wines among them”. In his latest report, the critic said that his year of “travelling and tasting” was “truly phenomenal for great wines”; “a Golden Age for winemaking”. Moreover, “many regions shone in quality”, notably “Argentina, Bordeaux, Napa Valley, Tuscany, Piedmont, Rioja, Port, Champagne and Chile”. Find out more

 

Port – a favourite Christmas tipple


 

The Liv-ex Port 50 index, which tracks the price performance of the last ten physical vintages of the five most actively traded Port wines, has risen 15% over the past five years. It has underperformed against the industry benchmark, the Liv-ex 100 (31%), and the broadest measure of the market, the Liv-ex 1000 (48%). To read the full article, click here.

 

Sassicaia 2016 leads weekly trade by value


 

The 100-point Sassicaia 2016 (Wine Advocate) was the most active wine this week. Its last trade price of £2,282 per 12×75 represents an increase of 80% on its release price (£1,270) and 5% on its current Market Price. Another perfect wine, from Bordeaux, Petrus 2016 (LPB, JS 100), took the second spot. Find out more here.

 

Neal Martin on Burgundy 2016 in bottle


Burgundy – the best price performer since 2010 and an increasingly active region on the secondary market – remains not only in the trading spotlight but is also in sharp focus from the critics’ perspective. Last week, Neal Martin released his in-bottle scores for the 2016 vintage, which he had previously concluded was “a puzzle that would be fascinating, frustrating and futile to solve”. Find out more...

Liv-ex 100 index down 1% in October


The Liv-ex 100 – the industry benchmark – closed October on 308.36, down 0.96% on the previous month. The index tracks the price movements of the 100 most sought-after wines on the secondary market. So far in 2019, the index, denominated in sterling, is down 1.2% after falls in recent months. Find out more here.