Welcome to the August 2018 Liv-ex newsletter
As expected, the summer holidays in the northern hemisphere have led to a slowdown of trade. Liv-ex Insights, however, remains as busy as ever. This month we’ve featured a Spotlight on Beaucastel, analysis of Bordeaux’s falling trade share and announced the most searched for wines by merchant location. We also featured a post by guest blogger, Gavin Quinney, on the 2018 growing season in Bordeaux.
New Liv-ex beta functions
You can now manage your positions – bids and offers on Liv-ex – using our new beta website. The new page is similar to the My Exposure area on the original site, but is easier to use and has several new features, including an option to bulk renew. To find out more, watch our short video here.
It’s hot outside. Keep your wine moving
While you might be slowing down for summer, your wine can keep moving. That’s because Liv-ex uses fully temperature controlled vehicles to keep your bottles cool and safe. For more information please contact your Account Manager, or click here.
Updates to Liv-ex settlement and logistics guide
Due to some inquiries from our members, the Liv-ex settlement and logistics guide has been updated. The updates have been made to remove areas of uncertainty and provide clarity regarding our insurance policy. To download the updated document, click here.
International payments reminder
As previously mentioned in our March Newsletter, Liv-ex payment details have changed for international customers paying us in euros. After the 15th September, any payments in euros to our old account details will be rejected. Please take this opportunity to check you have the correct details on your system. The Liv-ex accounts team will be contacting you directly if you are affected. For more information, click here.
The Data team is pleased to welcome Magdalena Becker. Magdalena has joined Liv-ex on a data internship for a six month placement from the University of Geisenheim, where she is currently studying International Wine Business. Magdalena will be helping the data team with the creation of LWINs.
Liv-ex in the news
This month, the drinks business published an article on the most searched-for wines by market, and Bloomberg commented that investing in fine wine is more lucrative than ever. Meanwhile, Barron’s reported that California’s Dominus 2014 is the top traded US wine and German wine magazine, Meininger, published a feature article on Liv-ex.
You can find the top fine wine market news stories on our press page, here.
Thank you for reading
We hope that you’ve found this edition useful. As always, you can keep up to date with developments as they happen by visiting the Liv-ex noticeboard. If you have any feedback or questions on this newsletter, please email email@example.com or call +44 (0)20 7062 8788.