Rioja’s high points in a sedate market
Last year was tough for the fine wine market. The Liv-ex 1000 index, one barometer of secondary market prices, fell 14.9% in 12 months to 31 January, although it was still up by nearly 12% in five years.
Trading has been subdued; however, UK merchant Goedhuis & Co reported consumer interest in the release of Marqués de Murrieta’s highly regarded at the end of 2023. ‘Despite current conditions, we did see some clients returning to purchase the 2012 release,’ said Goedhuis buyer Nathaniel
