Liv-ex March Market Report released

The Liv-ex March Market Report has been released.

Containing all the latest Liv-ex research and analysis, the full issue includes:

  • Beychevelle 2017 most active wine in February
  • Major Market Movers: Rhone on the rise
  • Chart of the month: USA and Asia buying
  • Critical corner: Jancis Robinson on Bordeaux 2010
  • Final thought: Brunello and Barolo – New releases

How to access the full report

If you’re a private collector, please log in or subscribe to Cellar Watch. If you’re a fine wine merchant or a member of Liv-ex, please contact your Account Manager or email marketing@liv-ex.com to discuss package options.

You can download page one – with charts and data – here, or read the text below:

Beychevelle 2017 most active wine in February

Trade picked up midmonth as US buyers came back to the market, but Covid-19 kept an overall lid on activity. Sterling relinquished four months of gains against the Euro as risk aversion increased. The Chart of the month examines the effect of  recent macro-economic events on two large buying regions – the USA and Asia.

Bordeaux’s share of trade by value fell from 55.4% to 45.3%, just 10 points off its lowest month ever. Champagne (8.8%), Italy (13%) and Rhone (2.8%) all saw jumps over the previous month while Burgundy (20.3%) was able to maintain its share. The most active wine was Beychevelle 2017. Indeed, the 2017 vintage took a large share of trade last month (11%). This was slightly lower than the 2016 vintage (13%), which has been the perennial leader so far this year.

The Liv-ex 100 finished February with a small gain, thanks to strong performances from Champagne and Italy. Within the Liv-ex 1000 (-0.8%), all the sub-indices fell except for the Rhone 100, which rose 0.62%.