LIV-EX - MARKET UPDATE

Talking Trade: 5th – 11th August

This week Bordeaux activity was lower with trade share picking up across the other regions. Burgundy, the Rhone and the ‘Others’ all saw an increase. Trade by value was lower, but trade by volume was up on the previous week.

The Fine Wine 50 Index continued to rise and closed at 312.58 on Thursday, up 0.9% on last week. Sterling hit its weakest level in a month against the Dollar and this continues to provide an incentive for Dollar and Euro-based buyers.