Page 12 - Market News
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- September 20, 2016
You might remember that not so long ago, Chateaux Angélus and Pape Clement were putting on demonstrations for groups of journalists of de-stemming grapes by hand. Lines of women in gleaming white gloves with violet-stained fingertips stood around tables in quiet corners of the vineyards, heads bent with frowns of concentration. It was pitched as […]
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- September 20, 2016
Wine geekery knows few limits and innovators have long been keen to take bog standard wine paraphernalia and update it. The bottle (interactive), the barrel (intelligent), the cork (air-sucking), and now the ice bucket, which, in one fell swoop it has been rendered void – that is to say iceless. ‘Kaelo’ used cold, dry air […]
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- September 20, 2016
China’s president, Xi Jinping, greeted world leaders at the G20 summit with a banquet of local cuisine and Chinese wines. A Cabernet Sauvignon 2011 and a Chardonnay 2012 from the Beijing-based Chateau Changyu AFIP Global were the wines paired with the traditional Hangzhou cuisine. ‘Sweet and sour mandarin fish’ and ‘orange-flavoured crab meat’ were among the […]
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- September 08, 2016
In brief: Thomas Sullivan buys 30 hectares including Château Gaby in AOC Fronsac, Château Moya in AOC Castillon Côtes de Bordeaux and Château du Parc in AOC St-Emilion Grand Cru Price not released but expected to be between €8 million and €12 million Thomas Sullivan, billionaire founder of Lumber Liquidators and Cabinets to Go […]
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- September 07, 2016
The industry benchmark – the Liv-ex Fine Wine 100 index – increased for the ninth consecutive month in August. It gained 2.9% to close on 276.83. It is now at its highest level since March 2013. The First Growths led the charge with the Liv-ex Fine Wine 50 Index closing on 317.38, up 3.1%. Wines […]
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- September 07, 2016
The Liv-ex 1000 Index – the broadest measure of the fine wine market – closed August 2016 at record high of 281.62. This is an increase of 3.04% on the July’s close. The index previously reached a high of 279.69 in July 2011 at the peak of the China-led bull market. It then fell 13.3% […]
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- September 05, 2016
How the Bordeaux 2016 white harvest is shaping up Château Haut-Brion in Pessac Léognan brought in Sauvignon Blanc grapes at 7am on 1 September, from a plot called Pinson Sapinette. The estate reported potential alcohols on this first plot of 13.5%abv, with pHs of 3.25, and expect to bring in the first Merlots on 15 […]
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- September 02, 2016
Liv-ex’s Fine Wine 50 Index is up 19.3% so far in 2016. It tracks the price movements of the 10 most recent physical vintages of the five first growth Bordeaux châteaux. The index recorded its ninth highest monthly rise – 6.8% – following the UK’s Brexit vote. As prevously reported on Decanter.com, a drop in […]
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- September 02, 2016
The Confrérie du Sabre d’Or is the elite club for Champagne sabring. It was inspired by French cavalry officers, who would simply pick up their Champagne and sabre off the top, rather than opening the cage and foil. How to rise through the ranks ‘We have, like most military organisations, ranks,’ said Nathan Evans, a […]
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- August 31, 2016
The Liv-ex Fine Wine 50 Index – tracking the price movements of the ten most recently physical vintages of the Bordeaux First Growths – is currently up 19.3% year to date after seeing some of the strongest upward movements in its history. It has outpaced stocks over this period: FTSE is up 9.2%; the S&P […]
