2016 ends on a high for fine wine

The Liv-ex fine wine 100 and 1000 indices ended 2016 with further positive gains and broke new records.

fine-wine-100The Fine Wine 100 – which tracks the 100 most traded labels on the secondary market – closed December of last year up a marginal 0.4%. Having recorded a full year of gains in November, the small rise in December nonetheless pushed the index to a full calendar year and 13 consecutive months of gains.

The index is now up 24.8% year-on-year and at its highest point since November 2011.

Domaine de la Romanée-Conti’s 2012 La Tâche topped December’s risers, going up 9% in price, closely followed by the 2009 Vieux Château Certan. Also up were the 2010 Cheval Blanc, 2009 Penfolds Grange and 2009 Haut-Bailly.

The month’s worst performing labels included 2009 Petrus and Angélus, 2010 Pape Clement, 2012 Clos des Papes and Smith Haut Lafitte’s 2009 vintage which declined 7.1%.

The much broader 1000 index, meanwhile, closed out December on an all-time high of 299.80 having risen 1.1%.

Like the Fine Wine 100 it has risen for 13 months straight now and finished 2016 22.3% above where it was in December 2015.

The best-performing sub-indices over the course of 2016 were the Burgundy 150 (up 26%), Bordeaux Legends 50 (24.9%) and Bordeaux 500 (up 23.1%).

However, the Champagne 50 (-0.9%), Rest of the World 50 (-0.3%) and the Italy 100 (-0.2%) all declined slightly in December.

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Your email address will not be published.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

Marketing Executive

Harviestoun Brewery
London, UK

Customer Services

Felix Solis Avantis UK Ltd
Canterbury, UK

Digital Sales & Marketing Executive

Roberson Wine
London, UK

Brand Marketing Manager

Maverick Drinks
London, UK

PR and Communications Manager

Maverick Drinks
London, UK

Various Sales Roles

Amathus Drinks Plc
Bristol, Cardiff, Cornwall, Devon, Leeds and Birmingham

Assistant Buyer

Liberty Wines
London, UK

Partner Development Manager

Maverick Drinks
Tunbridge Wells, UK

Partner Manager - Wholesale

Maverick Drinks
Tunbridge Wells, UK

The City Wine & Spirits Show

London,United Kingdom
12th Oct 2018
Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more