Fine wine merchants are ‘cautiously optimistic’ for 2018

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Posted in: Closer Look, Wine Investment,
Tagged: Liv-ex fine wine merchant predictions market survey growth Burgundy 150 Italy 100 Champagne 50 2018
Fine wine merchants are ‘cautiously optimistic’ for 2018

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/

 

Posted in: Closer Look, Wine Investment,
Tagged: Liv-ex fine wine merchant predictions market survey growth Burgundy 150 Italy 100 Champagne 50 2018