The Liv-ex 1000 increased 1.01% in July. After a difficult start in the first four months of the year, the Liv-ex 1000, the broadest measure of the market, has posted three months of consecutive gains to stand relatively flat year to date. Along with a rise in the LX1000, there was an increase in global equities, precious metals, and a strengthening of GBP against the Dollar.
The Rest of the World 60 (ROW60) led sub-indices performance this month, gaining 1.32%. In the first half of the year, the ROW60 has built an increasing market share and an ever-expanding list of unique LWIN11s (wine + vintage) traded – led by the USA, Australia, Spain and Germany.
The Burgundy 150 led the rest of the sub-indices, up 1.31%, followed by the Champagne 50 (1.18%), Bordeaux 500 (0.98%), Italy 100 (0.71%), and Rhone 100 (0.40%). The Champagne 50 leads performance year to date, up 3.35% in the first seven months and 4.47% over the past year.
There was a 19.3% month over month increase in the number of unique wines traded (LWIN11 level) as the market continues to broaden. Distinct Italian wines traded grew by 30.9% over June, to put the region at record levels and up more than 150% year to date. Rosé sales also a hit a year to date high as we head into the middle of summer.