Fine wine drifts in October

3rd November, 2015 by Rupert Millar

The Liv-ex 100 and 1000 fine wine indices drifted a little in October although activity is at a new high.

Trading activity on the Liv-ex exchange reached its highest level since March but the Fine Wine 100 index went down 0.6%, following a flat August and September. Nonetheless, the index is still in positive territory on the year-to-date, up 0.7%.

Despite losing ground to Italy and Champagne recently, three Burgundian labels were among the month’s best performers: Domaine de la Romanée-Conti’s 2009 and 2010 La Tâche rising 6.2% and 13.4% respectively to over £20,000 a case each and Ponsot’s 2012 Clos de la Roche Vieilles Vignes was the month’s top mover up 23% to £3,937.

Also up were 2007 Yquem (7.3%) and 2010 Montrose….

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