Burgundy and Italy lead fine wine in November

Burgundian and Italian labels performed well in November but the benchmark Liv-ex index declined yet again.

The Fine Wine 100 index, which tracks the 100 most widely traded fine labels on the Exchange, closed November 0.18% down from its October level.

Sassicaia was the month’s best-performing label last month, its 2015 vintage seeing its mid-price rise 27% to £1,690 per dozen.

Armand Rousseau’s 2015 Chambertin was up 20% but none of the other top performers (Masseto 2014, Ponsot’s 2015 Clos de la Roche and Domaine de la Romanée-Conti’s 2014 Romanée-Conti) broke into double digit rises – just over 6% for the first two and over 5% for the DRC.

On the downturn meanwhile were a couple of first growths: 2012 Haut-Brion (-4.4%) and 2000 Latour (-5.4%), some Rhône labels; Beaucastel’s 2015 Chateauneuf du Pape (-4.9%) and Chave’s 2015 Hermitage (-5.1%).

The worst performer though was another Italian label, Tignanello’s 2015 which declined 6.5% to a mid price of £735.

Leave your reply

Most Recent Stories

Pictures: Brits brave beer gardens despite torrential bank holiday rain

Brave Brits were photographed enjoying a pint or two over the May bank holiday weekend – despite hostile weather conditions including torrential rain and powerful winds on the coldest May Day on record.

Jascots converts e-commerce arm into a new private members club

Jascots wine merchant is converting the e-commerce operation it launched during lockdown into a new private members club, as restaurants reopen on 17 May.

CMS offering 100 scholarships for online sommelier course

The Court of Master Sommeliers, Americas has launched an online Introductory Sommelier Course and exam designed to create more inclusivity in wine education.

Jason Atherton to open Harrods Social in Knightsbridge

Michelin-starred chef Jason Atherton is to open Harrods Social within the luxury department store in Knightsbridge when indoor dining begins again on 17 May.

Three star restaurant Eleven Madison Park to go vegan

Proving he’s unafraid of taking big risks, chef Daniel Humm is to turn his three-Michelin-starred New York restaurant Eleven Madison Park into a vegan venue.

Most Recent Stories

Pictures: Brits brave beer gardens despite torrential bank holiday rain

Brave Brits were photographed enjoying a pint or two over the May bank holiday weekend – despite hostile weather conditions including torrential rain and powerful winds on the coldest May Day on record.

Jascots converts e-commerce arm into a new private members club

Jascots wine merchant is converting the e-commerce operation it launched during lockdown into a new private members club, as restaurants reopen on 17 May.

CMS offering 100 scholarships for online sommelier course

The Court of Master Sommeliers, Americas has launched an online Introductory Sommelier Course and exam designed to create more inclusivity in wine education.

Jason Atherton to open Harrods Social in Knightsbridge

Michelin-starred chef Jason Atherton is to open Harrods Social within the luxury department store in Knightsbridge when indoor dining begins again on 17 May.

Three star restaurant Eleven Madison Park to go vegan

Proving he’s unafraid of taking big risks, chef Daniel Humm is to turn his three-Michelin-starred New York restaurant Eleven Madison Park into a vegan venue.