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

DeAille Tam named Asia's Best Female Chef 2021

DeAille Tam, executive chef and co-founder of Obscura in Shanghai, has been named as Asia’s Best Female Chef 2021.

Beer duty may be cut in pubs to lure back drinkers

Beer duty could be cut in pubs and raised in supermarkets to encourage people to go out when lockdown ends and help the hospitality industry get back on its feet.

The true cost of keeping a pub shut for the next seven weeks

Though Boris Johnson's oft-touted 'roadmap' out of lockdown has at least provided businesses with an idea of when they might be able to reopen, pubs still face weeks of closure and uncertainty.

Public called to take action to save pubs across the UK

National charity the Plunkett Foundation has launched a UK-wide public appeal to help save pubs through community ownership before it's too late

15% of Hong Kong bars have closed due to the pandemic

Some 210 bars in Hong Kong have closed in the last six months due to the pandemic, accounting for 15% of the entire industry.

Most Recent Stories

DeAille Tam named Asia's Best Female Chef 2021

DeAille Tam, executive chef and co-founder of Obscura in Shanghai, has been named as Asia’s Best Female Chef 2021.

Beer duty may be cut in pubs to lure back drinkers

Beer duty could be cut in pubs and raised in supermarkets to encourage people to go out when lockdown ends and help the hospitality industry get back on its feet.

The true cost of keeping a pub shut for the next seven weeks

Though Boris Johnson's oft-touted 'roadmap' out of lockdown has at least provided businesses with an idea of when they might be able to reopen, pubs still face weeks of closure and uncertainty.

Public called to take action to save pubs across the UK

National charity the Plunkett Foundation has launched a UK-wide public appeal to help save pubs through community ownership before it's too late

15% of Hong Kong bars have closed due to the pandemic

Some 210 bars in Hong Kong have closed in the last six months due to the pandemic, accounting for 15% of the entire industry.