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Liv-ex 1000 finishes December up 0.71%

By January 5, 2021Fine Wine Market, Indices

The Liv-ex 1000 – the broadest measure of the market – rose 0.71% over the last month of the year to close at 355.1. The index managed gains in seven of the twelve months of the year, including the last four consecutively, to finish 2020 up 2.02%.

Within the Liv-ex 1000, the ROW60 posted the largest gain, increasing by 3.95%, with three vintages of Screaming Eagle leading the sub-index’s performance.

Other sub-indices to rise were the Bordeaux Legends 40 (1.83%), the Bordeaux 500 (0.53%) and the Rhone 100 (0.27%).

After a strong run throughout the year, the Champagne 50 and Italy 100 both took a breather during the final month. The two sub-indices however, still finished the year with the best performance, both posting gains in excess of 6%.

The Burgundy 150 drifted slightly (-0.30%) to close the year down, at 536.48.

It was a rocky start to the year, but the market turned bullish in the late spring. All sub-indices bar the Rest of World 60 and Burgundy 150 made gains.

As the new year begins with many of the 2020 headwinds still in play (Brexit, US tariffs, Covid-19) the robustness of the fine wine market may well be tested, but with trade by both value and volume setting new records for December, there is little suggestion just yet, that the mood music has changed.