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Fine wine market breaks records in 2021, says Liv-ex

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Prices in the fine wine market have been increasing across all major regions in 2021, according to a new report by Liv-ex, a global marketplace for the trade. Its Liv-ex 1000 index, tracking some of the world’s most sought-after wines, rose by 2.4% in November to reach a new all-time high. The index, seen as an important bellwether for secondary market trading, has been rising consistently for about 18 months. ‘All previous records set in 2020 have been broken and surpassed in 2021, marking the most successful year ever for the secondary fine wine market,’ Liv-ex said in its fine wine market review. ‘Over the last year, fine wine (as measured by the Liv-ex Fine Wine 100 index) has been a better investment than several traditional equity markets, [...] Voir l'article complet sur Decanter

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