Liv-ex 50 reaches six-year high

11th June 2018 by Rachel England
Posted in: Wine Investment
Tagged: Liv-ex 50 trade Bordeaux record Haut Brion First Growth
Liv-ex 50 reaches six-year high

 

Last week saw a tranche of Bordeaux 2017 releases, and until Thursday it seemed that this would have an adverse effect on secondary market activity – until Friday, when a flurry of high value transactions saw weekly trade soar to a record high for 2018.

Prices for First Growths increased for the second consecutive week, with the Liv-ex Fine Wine 50 closing the week on 356.22, putting the index at its highest level since November 2011.

Haut Brion 1989 was the week’s most active wine. Its last trade price of £25,000 per case of 12 represents an all-time high, and a 19% jump on May’s record.

Related link:

https://www.liv-ex.com/2018/06/talking-trade-bordeaux-2017-gathers-pace/

 

Posted in: Wine Investment
Tagged: Liv-ex 50 trade Bordeaux record Haut Brion First Growth