Fine wine and independent merchants are being invited to attend a free ‘Essential Preparations for 1 January Trading’ webinar hosted by the Wine & Spirit Association (WSTA) on 2 December.
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Rhône wines traded on Liv-ex rose 40% year on year, according to the fine wine platform’s newly released The Rhône – Solid as a rock report.
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The WSTA has warned that the threat of VI-1 forms is still "very real", saying that the policy, not just the timing, still needs to change.
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As Bordeaux’s top estates continue to trickle their 2019 releases onto the market, prices are typically 15-30% down on 2018, with around two thirds of prices now declared.
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With the Bordeaux 2019 En Primeur campaign beginning to unfold in an “unusual manner” with virtual tastings and postponed releases, Liv-Ex has begun to roll out adapted coverage with the publication of its opening report, Bordeaux 2019: the value of time.
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Liv-ex has introduced “significant” upgrades to its universal LWIN (Liv-ex wine identification number) identifier for wines and spirits.
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Bordeaux’s share of trade fell to a record low last week with sales hit by Coronavirus and US tariffs uncertainty.
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A broadening interest in Italy means the country’s indigenous grape varieties are now packing a punch at the top, writes Jo Gilbert
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Lafite Rothschild has been voted wine of the 2018 Bordeaux vintage in the Liv-ex 2018 En Primeur survey.
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Burgundy thrived, Bordeaux consolidated and wine investment proved more stable than gold, according to the Liv-ex annual summary of the 2018 market, described as “a record breaking year”.
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There is little consensus about En Primeur prices this year with the wine trade predicting a drop while the latest academic study expects a price rise.
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