Welcome to the February 2019 Liv-ex newsletter
The market started 2019 confidently, with trade in January picking up from December. Burgundy’s En Primeur campaign kept the market busy and the region’s trade share hit a record monthly high of 22%. A number of critics also released their Bordeaux 2016 in-bottle scores and confirmed the excellent quality of the vintage. You can read our summary of their reports on Liv-ex Insights, here.
‘No deal’ Brexit = business as usual
While we believe that a deal between the UK and the EU is the most likely outcome of Brexit negotiations, we have established fiscal representation in Belgium in the event of a ‘no deal’ Brexit. This will allow our EU members to continue buying and selling on Liv-ex with minimal changes to existing arrangements. For further details on the changes in the event of a ‘no deal’ Brexit, click here.
Liv-ex interview with Chris Blandy
Last week we published an interview with Chris Blandy, CEO and seventh-generation head of the Madeira Wine Company. In the interview, Blandy discusses Madeira’s wine production and the company’s future plans. You can read the full interview here.
Settlement and Logistics guide
The 2019 Settlement and Logistics guide was released last month. The full document contains our settlement calendar and all the necessary information about our pricing and terms. This year we have introduced a new premium insurance option and updated our Offex transport fee. You can download it here.
Burgundy report now available in French
Our Burgundy report is now available to download in French. In the report, we examine the development of the market over the past decade, the factors that influence price and what happens next. To download the report in French, click here. You can also read the English version here.
In focus: Liv-ex list
Did you know that you can automatically receive Liv-ex’s fine wine list daily? Like merchant lists, the Liv-ex list details our best offers. You can view it in GBP, EUR/bt, HKD and USD. It is available in Excel format, making it easy for you to filter and search as required. You can download our current list here. If you would like to receive the list daily (or weekly), please contact your Account Manager.
Liv-ex Beta enhancements
In January, we made a number of updates and enhancements to the Liv-ex Beta site. Users with a large number of positions will notice significantly faster loading speed on the My Positions page. You can also search for certain wines using shortcuts, rather than typing the full wine name. For example, Vieux Chateau Certain can be found by searching for ‘VCC’. For the full list of shortcuts and a brief recap on how to make the most of the My Positions page, click here.
Webinar replay: Automation
Last week’s webinar, Developers – What to expect in 2019, is now available to view online. In the webinar Liv-ex’s Director of Data and Web Services, Neil Taylor, provides an overview of existing Liv-ex services and outlines the roadmap of upcoming releases and new features. You can watch it again, here.
The Technology team is pleased to welcome Rayhan Mohammed as an IT Support Technician. Mohammed graduated from London’s City University in Business Computing Systems and has previously worked for Costa and Wonga. In his role, Mohammed will be responsible for providing IT support to the Liv-ex office.
Liv-ex in the news
This month, The Telegraph published an article on why Burgundy is on the rise this year and the Financial Times reported on the heady returns for Burgundy investors. The Mail on Sunday covered the Champagne market and advised on how to put some real fizz in your finances, while the drinks business reported that merchants expect small gains for fine wine in 2019.
You can also 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.