You are currently viewing the International Edition. You can also switch to the Hong Kong Edition.
Thursday 2 July 2015

First growths lead January price surge

4th February, 2013 by Rupert Millar

Liv-ex’s Fine Wine 100 index rose at its fastest rate for two years in January led by first growth Haut-Brion and super second Léoville Poyferré.

The five Bordeaux first growthsIn the highest month-on-month move since February 2011, the index, which tracks the 100 leading labels in the fine wine world, ended last month up 2.8% to finish on 268.13 points.

The other indices charting the most recent vintages of top performing wine labels, such as the Bordeaux 500, the Investables and the Liv-ex 50 all rose between 2.2% and 3.5% over the month as well.

The biggest movers on the Fine Wine 100 were nearly all first growths, while the worst performing wines were more mixed in origin.

Haut-Brion 2008 led the risers, up 10.7% to a mid-January price of £2,924 a case. Léoville Poyferré 2009 was close behind, up 9.5% to £1,550.

Mouton Rothschild 2000 and 1998 and Lafite 2003 followed with rises of 7.5%. Mouton’s 1996 saw positive growth in November last year.

Following a sudden rush in popularity towards the end of last year, Cristal took the biggest tumble in January, slumping 5.9% to £1,240 a case.

Cos d’Estournel followed with a 5.8% fall to £2,322 a case. It was recently noted that of the five leading Right Bank estates, Cheval Blanc is consistently the most mediocre performer.

Yquem 2007, Lafite 1998 and Ornellaia 2004 fell between 3.4% and 2.5% as well.

Following a storming performance of late, Italy’s share of trade on the index was the lowest it has been in 18 months.

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Your email address will not be published.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?

Lidl hints at plans for online wine shop

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

Flavoured styles lead drinks NPD

A new report from Nielsen shows that flavoured variants are dominating more...

Bordeaux 2005: 12 ‘perfect’ wines

Twelve wines have been given “perfect” 100-point ratings in Robert more...

Head of On-Trade Sales

London, United Kingdom

Constellation to buy Meiomi for $315m

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

WOSA woos UK indies and on-trade

Wines of South Africa has announced plans for a new UK trade tasting later this more...

Tesco sales take a tumble despite price cuts

Tesco's like-for-like sales fell by 1.3% in the three months to 30 May, an more...

Business Development Executive

London, United Kingdom

£25-£30K + benefits, depending on experience

Wimbledon serves up English wine

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

UK market in growth as price increases slow

The latest figures from the Wine and Spirit Trade Association show that more...

Wine thieves go on trial

A gang of wine thieves accused of stealing a million euros worth of wine from more...

Global Wine Buyer

London, United Kingdom

Competitive

Bordeaux 2005: Biggest movers

Expectation surrounding the 2005s is building and pushing up prices for top more...

Rise for Haut Bailly in Liv-ex 2015 classification

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

Parker retrospective boosts 05 Palmer

Château Palmer’s 2005 is the latest wine from that vintage to see an more...

Digital and Communications Executive

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

UK importer confident of Champagne comeback

One leading UK Champagne importer is optimistic for the future of the category more...

Oregon producer takes international view

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

Bilingual 'tool' demystifies wine tasting

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

Sales Executive - Wines & Spirits Competitions

London, United Kingdom

Competitive

Burgundy headlines at Acker’s June HK auction

Featuring smaller-sized lots and classic vintages of Burgundy and Bordeaux, more...

Bordeaux wine thieves found guilty

A French court has sentenced 15 men over the audacious theft of $1.1 million of more...

BI offers 2014 imperial collection en primeur

Fine wine merchant Bordeaux Index is offering its clients a 10 imperial more...

Hatch Mansfield – Brand Manager

London, United Kingdom

Competitive salary

Hart Davis Hart biggest in US

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

China recognises 'Bordeaux'

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