Liv-ex - Talking Trade – Indices nudge up
A stronger dollar helped nudge all of Liv-ex indices upwards in June. The Liv-ex 1000 led the way with a gain of 1.4%, driven upwards by the Burgundy 150 and Bordeaux Legends indices. The Liv-ex 100 also gained 1.14% thanks to increased interest in the Bordeaux 2009 vintage.
Overall market activity has calmed at the start of July after a hectic June. Heavier First Growth trading pushed Bordeaux’s market share up to 67.5%, although the Liv-ex 50 closed Thursday at 358.48, a decrease of 0.1% on the previous week.
The recently released Ornellaia 2015 was this week’s most active wine by value. The last trade price of £1,550 per 12×75 represents a 29% increase on the release price of £1,200.