Wine globalization set to continue

Wine globalization set to continue Read more at http://blog.oup.com/2015/09/wine-globalization-to-continue/ The past two decades have seen globalization of the world’s wine markets proceed like never before, in both speed and comprehensiveness. There was a degree of trade expansion in the five decades to World War I but, until the late 20th century, interactions across continents involved little more…

Broken China?

Broken China? Read more at http://www.blog.liv-ex.com/2015/10/broken-china.html The chart below shows a clear correlation between the performances of the Liv-ex Fine Wine 100 Index and the China Producer Price Index (PPI) which measures changes in the price of goods sold by manufacturers. When PPI rises, it is expected that prices for consumers – measured by the Consumer Price…