- William Bailey
Fine Wine Rises in November
The Liv-ex 100 closed November 2017 up 1.3% for the month and is now sitting at its highest level since September 2011 when it reached 322.66.
It is worth noting that the all time high for the Liv-ex 100 is 365 which it reached in June 2011.
After a strong recovery since the end of 2015, the last 3 months have been rather flat in terms of growth in the Liv-ex 100 however as we pointed out in a recent article that you can read here, demand has been building.
The market now looks to be re-acting to this demand and prices are continuing their ascent into the Christmas period.
The broader measure of the market, the Liv-ex 1000 is now at its record high and shows no sign of slowing down just yet.