Meteoric price rises for famous Burgundy fine wines have been a dominant theme of the secondary market in recent years.
But 2019 saw prices stutter for some top names, including several Domaine de la Romanée-Conti wines, said Liv-ex in its annual Burgundy market report.
The ‘Burgundy 150’, which tracks prices for the most actively traded wines on the Liv-ex platform, was the group’s worst performing regional index in 2019, falling by 8.8% in value.
‘The past year has highlighted the vulnerability of Burgundy’s high prices,’ said the Liv-ex report, which coincides with the Burgundy 2018 en primeur campaign in the UK.
However, Liv-ex analysts said it was too soon to know whether this will develop into a longer-term trend.
Read the full article here.
