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    2009-08-19

    Reforming en primeur by Live-Ex

    http://liv-ex.typepad.com/livex_fine_wine_market_bl/2009/05/reforming-en-primeur.html

    I agree that a registration system will facilitate the trading but I doubt it really has any effect before physical delivery. Actually, the multi-layer system currently existent in wine market may well buffer this functionality.

    About the transparency, still, the problem is even you know the supply, you have no idea about the demand.

    After all, if wine becomes just a number game like stocks, then much of the fun is lost. Although the proposal is good, it will hardly get any progress any time soon. Those who would like to adopt it usually don't need En Primeurs, and those who release En Primeurs, wouldn't feel much incentive to realize such a system in the not-so-fierce game.

    1 条评论:

    匿名 说...

    加广告了呀