Page 7 - Market News
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- March 17, 2017
The Liv-ex 100 fine wine price tracker is this year set to reach highs not seen since 2011, according to many merchants surveyed by the trading platform. Liv-ex questioned its 440 merchant members and found that, on average, respondents expect the Liv-ex 100 index to close at 320.6 in 2017. It closed at 297.3 in […]
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- March 17, 2017
Jane Anson goes back to the Bordeaux 2014 wines to see how they’re developing in the bottle, with a focus on the Left Bank. Below, she picks 10 of her favourites from a recent tasting and talks about how the vintage has shaped up since the en primeur campaign two years ago. There are many […]
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- March 17, 2017
See our graphic and report on how much food, wine and Champagne will be consumed at this year’s Academy Awards. Oscars 2017 wine and food in numbers More than 12,000 glasses of Champagne are set to be drunk at this year’s Oscars Awards ceremony and Governor’s Ball on Sunday 26 February. See a bigger version of […]
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- March 17, 2017
Where else in fast-paced hustle of Hong Kong can you enjoy Wagyu sirloin with a wine made by Château Margaux? Or Yquem 1998 by the glass? Read Fiona Beckett’s review of Arcane, the concept restaurant from Michelin-starred Aussie chef Shane Osborn. Arcane, Hong Kong Rating: 9/10 By Hong Kong standards Shane Osborn isn’t an especially […]
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- March 14, 2017
China’s ultra-wealthy population has been leading the way for the last few years, but the latest Hurun Global Rich List shows that the number of Chinese billionaires is growing, pulling the country even further ahead of the United States. The sixth annual report, which took a snapshot of the world’s wealth on January 15 of […]
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- March 11, 2017
The Liv-ex 1000 Index – the broadest measure of the fine wine market – closed February 2017 at another new high of 303.15. This is an increase of 0.6% on January’s close of 301.24 – the previous all-time high of the index. It has now reached record highs for seven consecutive months and is up […]
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- March 11, 2017
Jane Anson looks at what’s new and highlights some things to look out for during Bordeaux 2016 en primeur season, including yields and how much of the harvest is considered good enough for ‘first wines’. Okay, so this might be a little bit of background research for me before starting tasting through the Bordeaux 2016 […]
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- March 10, 2017
Wine duty is to rise in-line with inflation, disappointing trade leaders who already warned that consumers will have to pay more per bottle due to the weak pound sterling. UK Budget 2017: Wine duty to increase despite trade efforts UK Chancellor of the Exchequer, Phillip Hammond, announced that duty on wine will increase in line […]
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- March 10, 2017
The Liv-ex Fine Wine 100 Index closed February on 302.26, up 0.4% on the previous month. The index has now risen for an unprecedented fifteen months and is up 24% year-on-year. It is now at its highest point since October 2011, when it closed at 308.03. The top two movers last month were both from […]
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- March 10, 2017
The US remains top of the world wine consumption league and is expected to grow further in the next four years, but the industry still isn’t sure about the best way to handle so-called millennials, suggests a new report jointly presented by trade show Vinexpo and research group IWSR… World wine consumption trends USA The […]
