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Liv-ex Claret Chip Index drifts south

The trade tastings in Bordeaux earlier this month, compounded by a bevvy of bank holidays in the UK, appear to have slowed the pace of trade on the exchange. The Liv-ex Claret Chip Index ended on a negative note for the third consecutive week, moving down 0.11 per cent week on week to 444.18.

By brand, Lafite posted the largest falls in the week to Thursday and Haut Brion the largest price rises (though there was very little movement in either direction). Of the wines that did amble upwards, it was back vintages of Haut Brion and Latour that gained the most ground. With just two working days remaining before month end, the Liv-ex indices may well finish April in the red.