Containing all the latest Liv-ex research and analysis, the full issue includes:
- July breaks records
- Major Market Movers: Barolo, Burgundy and the northern Rhone
- Chart of the month: the rise of Tignanello
- Critical corner: Neal Martin on Bordeaux 2015 in bottle
- Final thought: Regional buying – at what cost?
How to access the full report
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You can download page one – with charts and data – here, or read the text below:
July breaks records
While ongoing trade tensions led to increased volatility in financial markets, the fear of a no-deal Brexit, following the election of Boris Johnson, brought sterling down, giving the wine market a broad boost.
The total value of bids and offers on the market surpassed £70m, a new high and £20m more than in October last year. The number of active markets broke another record reaching 14,000; helped in part by automated trading which has enabled members to increase their offering outside office hours.
Trade by value in July rose 6% on the previous month, led by Lafite Rothschild, Margaux and Haut Brion. Haut Brion 2013 – the cheapest First Growth money can buy – was the most active wine from Bordeaux last month. On a vintage level, 2009 proved most popular.
The Liv-ex 100 and Liv-ex 1000 also made gains. All of the Liv-ex 1000 sub-indices closed the month in positive territory apart from the Rest of the World 50, which dipped 1%. The Burgundy 150 was the biggest riser (+1%), followed by the Rhone 100 and the Champagne 50, up 0.8%.