Rare Scotch trading hits record high

The UK auction market for Scotch malt whisky has enjoyed a record run, with the total value sold at auction surpassing £2 million in each of the last 3 months of April, May and June, according to new data released by whisky analyst, broker and investment experts Rare Whisky 101.

The figures point to another very strong six months’ performance for the UK’s secondary rare whisky market, when RW101’s half year report is published later this Summer.

Whisky investment analyst and co-founder of Rare Whisky 101, Andy Simpson commented: “Any question as to whether the recent increases in the rare whisky market would begin to plateau can, for now, be summarily dismissed. Even we wondered whether the market could continue to expand at such levels, following another record braking year in 2016. The performance of Scotch malt whisky at auction over the past three months has been nothing short of phenomenal.

“Anecdotally we have seen growing demand from North America and Asia over recent times. We have also experienced a dramatic increase in enquiries from Asian and USA professional buyers looking to set up new supply agreements to capitalise on this dynamically growing market.”