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Fine wine merchants are ‘cautiously optimistic’ for 2018

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Posted in: Wine Investment

Tagged: Closer Look

Fine wine merchants are “cautiously optimistic” about market performance this year, according to Liv-ex.

Its annual survey of predictions – which goes out to its 440 members – showed that on average, respondents expect the Liv-ex Fine Wine 100 Index to rise 3.7%, representing a third consecutive year of gains for the market.

In total, 75% believe the market will rise, 17% think it will fall and the rest predict it will run flat.

The survey also asked merchants to identify the best performing sub-indices. Some 76% of those surveyed said the Burgundy 150 will be the top performer, followed by the Italy 100 and then the Champagne 50, which just nudged out the relatively low-performing Rhone 100.

Related link:

https://www.thedrinksbusiness.com/2018/04/cautious-optimism-from-fine-wine-merchants-for-2018/