Fine wine’s fortunes begin to turn

The Liv-ex Fine Wine 100 continued to see some positive progress in August, ending the month 0.7% up on its July finish.

After a poor start to the year with nearly six months of straight – if small – declines, the benchmark index has firmed up a little over the summer with three months of slight gains over June, July and August.

It was a good month for Burgundy, with Coche Dury’s 2016 Meursault leading the way up 11% to £4,848 a case.

Domaine Leroy’s 2015 Clos Vougeot and Domaine Leflaive’s 2016 Chevalier Montrachet saw gains of 9% and 6% respectively.

The 2009 vintage of Dom Pérignon and Giacomo Conterno’s 2010 Barolo Riserva Monfortino, fleshed out the rest of the top five.

The biggest fallers were a mix of Rhône, Burgundy and Bordeaux labels. Armand Rousseau’s 2015 Chambertin was the month’s biggest loser, down 7%. It’s a label that has been oscillating up and down for a few months now.

Domaine Leroy’s 2015 Vosne-Romanée Beaumonts was down 5% alongside Haut-Bailly and Palmer’s 2009 vintages and Domaine Jean Louis Chave’s 2015 Hermitage declined 4%.

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Your email address will not be published.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.

We encourage debate in the comments section and always welcome feedback, but if you spot something you don't think is right, we ask that you leave an accurate email address so we can get back to you if we need to.

Subscribe to our newsletters

Key Account Manager

MMI Maldives
Maldives

Financial Controller

London City Bond
Barking, UK

Duty Manager

The Whisky Exchange
Great Portland Street, London

Spirits Advisor

The Whisky Exchange
London, UK

International Sales Manager

Elixir Distillers
Park Royal, London, UK

Brand Marketing Executive

Elixir Distillers
Park Royal, London, UK

Cellar Door Manager

House of Townend
Melton, North Ferriby, UK

Marketing Assistant

Bancroft Wines Ltd
London, UK

Marketing Manager

The Whisky Exchange
Whitby Avenue, Park Royal, London NW10 7SF

Millésime Bio 2020

Montpellier,France
27th Jan 2020

Maisons Marques et Domaines Annual Tasting

London,United Kingdom
29th Jan 2020

Austrian Wine Tasting

London,United Kingdom
3rd Feb 2020
Click to view more