Fine wine gains strongly in August

After a quiet July, Liv-ex’s two leading fine wine indices returned to growth in August with Burgundy in particular leading the way.

The Fine Wine 100 – tracking the 100 most widely traded fine wine labels – rose 0.5% last month to close at its highest level since September 2011.

Although August has seen several claret labels hit new all-time highs on the Exchange, the two best-performing wines in August were both from Domaine de la Romanée-Conti, the 2012 Romanée-Conti rising 13.7% to £124,049 per dozen and the 2012 Richebourg up 10.9% to £18,044 a case.

Pape Clément’s 2012 was the only claret in the top five performers, the other two labels both being 2013s from Italy – Sassicaia and Masseto.

Going down, meanwhile, were DRC’s 2012 La Tâche, Krug 2002, 2013 Opus One and Screaming Eagle and La Mission Haut-Brion’s 2010 (the worst drop at -6.6%).

DRC’s otherwise positive performance was broadly reflected in the news from the Fine Wine 1000, which jumped a solid 1.5%, leading the index to close at 321.64, yet another record high.

All of the sub-indices rose in August but the Burgundy 150 was the strongest, gaining 3.4%. It’s also the best-performing index on the year-to-date and over a one and five year period – seriously out-performing the whole 1000 index in both cases.

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Your email address will not be published.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 Manager

James Eadie Ltd
London, UK

Wine Ambassador Role

Ramón Bilbao UK
London, UK

Fine Wine Logistics Coordinator

IG Wines
London, UK

Sales Manager

Top Selection
London, UK

Assistant Retail Manager

The Whisky Exchange
London, UK

Marketing Manager

Ellis Wines
Hanworth, Middx, GB

Commercial Analyst

ATOM Group
Tunbridge Wells, UK

Customer Service Executive

Marussia Beverages
Marylebone, London, UK

HR Administrator

Amathus Drinks PLC
London, UK

Trade Marketing Manager

Australian Vintage Limited
Croydon, UK

The World Bulk Wine Exhibition

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

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