Page 14 - Market News
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- July 13, 2016
Château Moulinet, a 16.8 hectare wine estate in Pomerol located close to Château de Sales, is the Beijing investor’s first Bordeaux estate purchase, according to DecanterChina.com, sister site of Decanter.com. It will now form part the group of estates jointly run by associates including Jack Ma, the billionaire founder of Chinese online retailer Alibaba, and […]
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- July 13, 2016
Growing numbers of the UK’s fine wine merchants are reporting a post-Brexit boost in demand, but they are also wary that the cost of replenishing their cellars with top wines from Europe could be significantly more expensive. Where is the demand coming from? It is predominantly fine wine lovers and also merchants overseas who are […]
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- July 13, 2016
The Liv-ex Fine Wine 100 rose for the seventh consecutive month in June. The index closed the month on 259.71, up 2.12% on May’s closing level of 254.31. The First Growths also saw prices rise: the Liv-ex Fine Wine 50 closed on 292.16, up 2.5% on last month. It was generally a good month for […]
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- July 05, 2016
When Bollinger staff cleaned out a gallery of its cellar under the house in Aÿ stacked with old, empty bottles, they made a remarkable discovery. Hidden for decades, they unearthed an incredible collection of some 600 bottles, the youngest of which was found to be 1921 and the oldest, 1830. 19th century Bollinger Champagnes […]
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- July 05, 2016
Is there really anything else that we can write about this week? I am more heartbroken and frustrated than I can remember being. As a British person living in Europe, this was a result that I neither expected nor wanted. But it’s now almost a week on, and reality is setting in. And even for […]
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- July 05, 2016
In four days’ time, we will know the result of the UK’s referendum on continuing membership of the European Union. I’d like to write that the referendum ‘will be over’ – but that depends on the margin of victory for the winning side. The debate has been so divisive and so toxic, the arguments so […]
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- July 05, 2016
The Bordeaux 2015 en primeur campaign, now in its endgame, should turn out to be the most exciting and profitable for many years. It is certainly the most talked-about – and the most divisive. Last week saw a flurry of major releases: Cos d’Estournel ($135 per bottle ex-negoce), Margaux ($432), Angelus ($284), Pavie ($284), Haut-Brion […]
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- July 01, 2016
An interesting chart was posted by the London Vintners exchange this morning, I just had to send you a copy. This is a chart of the percentage increases for the 2015 vintages in comparison to the 2014 vintages. I sent you last week the actual percentages for the first growths which showed massive price increases, […]
