LIV-EX - MARKET UPDATE
Talking Trade: 22nd – 28th July
Last week attention turned towards more accessibly priced wines, but this week the focus was back on high value with a number of wines trading at fresh all-time highs. The total value of trade was higher, while total volume was lower than the previous week.
The Liv-ex Fine Wine 50 Index has put in one of its strongest performances. It has continued to firm, but momentum eased a little on the previous week as the slower summer period started to take hold. The index closed at 308.07 on Thursday, up 0.6% on the previous week.