The Liv-ex Port 50 index, which tracks the price performance of the last ten physical vintages of the five most actively traded Port wines, has risen 15% over the past five years. It has underperformed against the industry benchmark, the Liv-ex 100 (31%), and the broadest measure of the market, the Liv-ex 1000 (48%).
In the past year, the Port 50 has dipped 1%. By contrast, the broader market has been flat, while the Liv-ex 100 has fallen 1.5%. The Bordeaux 500 has dipped even more – 2.8% since September 2018.
As the chart above shows, the performance of the Port 50 sub-indices has been somewhat mixed. The Graham index has risen 5.6%. Dow has been flat in the past year, while Taylor’s (-1.9%), Warre (-2.2%) and Fonseca (-5.2%) have dipped.
Benefiting from another year in bottle and no price increases, similarly to Sauternes, these Ports will make an even better tipple this festive season.
For Liv-ex members, there are currently £100k of LIVE Port offers. If you are interested, please do take a look at Liv-ex.com or email your Account Manager who would be pleased to assist you in your selection.