March 2018 Wine Investment Report!
The figures for March
This month’s valuations showed an increase for the Champagne and Rhone Valley wines UP 0.14% and for the Bordeaux market which was also a gain UP 0.14% for the month.
– 31% of the wines valued showed a positive return, while 24% showed a negative and 46% remained the same. 82% are made up of Bordeaux while 18% are made up of Champagne and Rhone Valley.
– The overall gain for ALL the wines valued this month was an increase of +0.14%
See below the winners and losers for March versus February.
|Wine and Vintage||Bid Price||Ask Price||Gain %||Last Mths Bid|
|Angelus 2009 Full Case||3230||3570||8%||UP||2993|
|Mouton Rothschild 1989 Full Case||3753||4148||7%||UP||3515|
|Dom Perignon Rose 2003 Full Case||2128||2352||7%||UP||1995|
|Pichon Lalande 1986 Full Case||1900||2100||5%||UP||1805|
|Carruades de Lafite 2008 Full Case||2451||2709||4%||UP||2366|
|Wine and Vintage||Bid Price||Ask Price||Loss %||Last Mths Bid|
|Carruades de Lafite 2007 Full Case||2375||2625||-5%||DOWN||2497|
|Leoville Las Cases 2009 Full Case||1967||2174||-4%||DOWN||2043|
|CDNP Janasse VV 2009 Full Case||893||987||-4%||DOWN||926|
|Haut Brion 2001 Full Case||3396||3754||-3%||DOWN||3515|
|Margaux 2006 Full Case||3496||3864||-3%||DOWN||3610|
At the end of the years finish with Champagne and Rhone Valley wines UP 0.57% and the Bordeaux market, UP 0.43% for the month. We saw modest but solid gains. The Champagne market rose in December, Perrier Jouet Blanc de Blanc 2002 and Dom Perignon Rose 2002 both up 6% for the month. We have both these champagnes in our portfolio.
According to Liv-ex the Lafite Rothschild helped push the First Growth market share to 26.5% in December, up from 21% in November. The 2013 and 2014 vintages were the two most traded wines by value in December. Other brands that are trading well are Petrus especially for its 2006 vintage.
Some of the bigger Chateau have been moving stock off their books which opens up a potential opportunity to buy first growths at a reasonable price. This is due to them holding on to far too much fine wine over the last 6 vintages while these en primeur years were quiet. With excess stock of wine on their books it produces weak financials. Therefore a slow release of more stock into the market is necessary for them to report better earnings.
Email us if you wish to participate in the excess stock offerings by the big Chateaux. Its a great opportunity for you.
With global stock markets at all time highs, there is plenty of liquid capital in the market which will allow the excess stock coming onto the market to disappear very quickly.
James E Pala
Europe’s Number 1 Fine Wine Investment Analyst
Click here to speak to me firstname.lastname@example.org