You are currently viewing the International Edition. You can also switch to the Hong Kong Edition.
Sunday 5 July 2015

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Your email address will not be published.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 *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

If that's interesting, how about these?

Hong Kong: Red obsession

While whites are starting to be taken seriously in Hong Kong restaurants, the more...

Champagne needs to 'create a new occasion'

Champagne needs to "create a new occasion" and better communicate its brand if more...

Copa América: Malbec vs Carmenère

Saturday sees Chile and Argentina go head-to-head in football’s Copa América more...

Digital and Communications Executive

£22,000-£26,000 dependent on experience

Austrian wine importer launches in Hong Kong

A wine importer specialising in Austrian wines has launched in Hong Kong to more...

Is fine wine turning a corner?

The Liv-ex Fine Wine 100 index is finally showing a year-on-year gain as it more...

Men down $1k of ‘aphrodisiac’ wine at airport

Two Chinese air passengers downed an entire bottle of aphrodisiac wine after more...

PR Manager

Competitive

Tour de l'Oc raises £30k for charity

Last month’s Tour de l’Oc bicycle challenge across France has raised over more...

Rise for Haut Bailly in Liv-ex 2015 classification

Liv-ex’s bi-annual “re-classification” of Bordeaux saw Haut Bailly leap more...

China’s Ningxia region launches wine contest

Select winemakers will have the chance to travel to China to learn from its more...

Global Wine Buyer

London, United Kingdom

Competitive

AWC launches £75k Versailles oak wine case

The Antique Wine Company has marked its 25th anniversary with the launch of a more...

Constellation to buy Meiomi for $315m

Constellation Brands is to buy Napa-based wine brand Meiomi for $315 million, more...

Lidl hints at plans for online wine shop

UK supermarket Lidl has not ruled out launching an online wine shop, reporting more...

E-commerce, Sales & Marketing Executive

London, United Kingdom

Competitive salary and bonus package based on experience and qualification.

Wimbledon serves up English wine

Organisers of this year’s Wimbledon have decided to offer tennis fans English more...

Bilingual 'tool' demystifies wine tasting

The Australian Grape and Wine Authority has developed a new "tool" which more...

Oregon producer takes international view

One of Oregon’s youngest wine estates has partnered with Jackson Family Wines more...

Sales Executive - Wines & Spirits Competitions

London, United Kingdom

Competitive

China recognises 'Bordeaux'

China has said it now recognises the term “Bordeaux” as a brand after what more...

Hart Davis Hart biggest in US

Chicago-based wine auctioneer Hart Davis Hart is the market leader in the US in more...

En primeur: beware the heralded vintage?

From an investment point of view is it best to buy the “vintages of the more...

Australia puts quality centre stage

Wine Australia has pledged to invest AUD$35m annually for the next five years more...

How to drink like a billionaire

With access to tropical islands, private yachts and the best food and drink more...