Fine wine market’s decline continues in April

The benchmark Liv-ex Fine Wine 100 index declined yet again in April, down 0.2%, having shown no gains at all this year.

Beaucastel’s 2015 Chateauneuf du Pape was the month’s best performer, up 18.8% to £505, streets ahead of the next top movers: Lynch Bages 2009, Jaboulet’s 2015 Hermitage La Chapelle, Sassicaia’s 2015 and Domaien de la Romanée-Conti’s 2014 La Tâche.

On the flipside, Opus One’s highly rated 2014 vintage took an 8.2% tumble to £2,450 a case, another 2015 Chateauneuf, this time from Clos des Papes which was March’s best performer, lapsed 7.2%, Screaming Eagle’s 2015 and Giacomo Conterno’s 2010 Barolo Riserva Monfortino declined 6% and Louis Roederer’s 2008 Cristal was down 5.1% as well.

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