Fine wine wobbles in July

The Liv-ex 100 index wobbled in July with a 0.7% decline but the wider-focused Fine Wine 1000 index gained 0.7%.

The fall in the Fine Wine 100 is the first fall since February this year. The labels recording the greatest declines were a mix of Champagne, Italian, US and Burgundian wines.

Masseto’s 2014 saw the month’s biggest dip – down 10% in price. As Liv-ex pointed out recently, a number of Super Tuscans have seen a touch of cooling in their performances of late and the Italy 100 has been the worst-performing sub-index this year.

As for the best-performing labels, they too constitute a mix of Champagne, Italian and Burgundian wines; including 2006 Comtes de Champagne and Dom Pérignon, 2009 Cristal, 2014 Sassicaia and 2014 Richebourg.

As the Fine Wine 100 struggled, when looking at the broader market things are much more positive.

The 0.7% rise for the 1000 index takes it to yet another new high, and it is up 5.3% on the year to date.

The best-performance last month was by the Burgundy 150 which rose over 3%, the Italy 100 – despite its overall poor record – went up 2% and the Champagne 50 rose 1%.

Leave your reply

Most Recent Stories

Ketchup cocktail, anyone? Why bartenders are embracing alternative flavours

From Vegemite to Wagyu beef, are bartenders taking cocktail ingredients too far? Eloise Feilden finds out.

Patrick Schmitt MW: We don't drink wine just for intoxication

Patrick Schmitt MW explains that looking at only the public health and intoxication issues of alcohol misses one of the main reasons why we drink it.

How stingy are Brits when it comes to tipping?

The vast majority of British people would not pay a 20% tip at a restaurant, but younger diners are significantly more generous than older ones, according to a recent study.

Restaurant director to stand trial on spiking charge

Vikas Nath, director of the company that owns Michelin-starred Mayfair restaurant Benares, has pleaded not guilty to the charge of attempting to spike a woman's drink at a private members’ club in Mayfair.

Quarter of hospitality businesses run out of money

A quarter of hospitality businesses have no reserves and almost a third only have three months' worth of cash according to an alarming new joint survey by the UK's biggest trade associations representing the sector.

Most Recent Stories

Ketchup cocktail, anyone? Why bartenders are embracing alternative flavours

From Vegemite to Wagyu beef, are bartenders taking cocktail ingredients too far? Eloise Feilden finds out.

Patrick Schmitt MW: We don't drink wine just for intoxication

Patrick Schmitt MW explains that looking at only the public health and intoxication issues of alcohol misses one of the main reasons why we drink it.

How stingy are Brits when it comes to tipping?

The vast majority of British people would not pay a 20% tip at a restaurant, but younger diners are significantly more generous than older ones, according to a recent study.

Restaurant director to stand trial on spiking charge

Vikas Nath, director of the company that owns Michelin-starred Mayfair restaurant Benares, has pleaded not guilty to the charge of attempting to spike a woman's drink at a private members’ club in Mayfair.

Quarter of hospitality businesses run out of money

A quarter of hospitality businesses have no reserves and almost a third only have three months' worth of cash according to an alarming new joint survey by the UK's biggest trade associations representing the sector.