Fine wine indices gain ground

15th December, 2011 by Rupert Millar

Market volatility in the fine wine world showed signs of calming this week and Domaine de la Romanée-Conti rose above them all.

The market’s ups and downs have been noticeable since June 2010, according to Liv-ex, with the Fine Wine 50 fluctuating between 0.26% and 1.48% in the first half of this year.

Based on a 20 day mean, the index has continued to perform better than the FTSE 100 for the most part but there was a spike in October when the index hit a 2% deviation due to “heightened uncertainty”.

Since then the index has slipped back to normal levels of volatility, often ascribed to a more positive market place. The index rose 0.22 points on Tuesday (13 December), bringing it to 345.94.

Meanwhile, Liv-ex’s DRC Index was shown to have risen in November and it now outperforms the Fine Wine 50 at 361.36, a year-to-date rise of 33% compared to the Fine Wine 50 which has fallen 12.3% this year.

Liv-ex stated on its blog that trading for DRC’s flagship Romanée-Conti was leading the surge for the Burgundian property, with vintages such as 2006, 2002 and 2000 all increasing by 40% in value.

The continuing demand for top Burgundy in China is the likeliest cause for this growth, as demonstrated by a further sale in Hong Kong last weekend by Acker Merrall.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Sales Executive (London – Craft Spirits)

Bimber Distillery
London, UK

2 x Buying Assistants

Berry Bros. & Rudd
Battersea and Basingstoke, UK

Temporary Christmas Sales Support - Wines & Spirits

Harrods
Knighsbridge, London, UK

Head of Wholesale

Hispamerchants Ltd
London, UK

Sales Manager

Hispamerchants Ltd
London, UK

National Sales Manager

Maverick Drinks
Field based, UK

Regional Sales Executive

EWGA
Gloucestershire, UK

Senior Content Writer

Rude Wines
Ledbury, UK

The World Bulk Wine Exhibition

Amsterdam,Netherlands
20th Nov 2017

The Drinks Business Green Awards 2017

London,United Kingdom
20th Nov 2017

The Global Spirits Masters Lunch

London,United Kingdom
1st Dec 2017
Click to view more

Green Awards 2017

Deadline : 25th October 2017

The Global Riesling Masters 2017

Deadline : 30th October 2017

Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more