The Liv-ex June Market Report has been published exclusively for members on our Silver tier package or higher. The following is an extract.
Fine wine outperforms gold as inflation rises
Fine wine prices continued their steady ascent in May, while US stocks closed a tumultuous month at similar levels to where they had started. The Liv-ex 100 went up 0.7% – the same increase as the previous two months – while the Liv-ex 1000 made a more notable move of 1.6%. The indices outperformed the traditional safe-haven gold, proving that fine wine can perform well during inflation and economic uncertainty.
Grand Cru Burgundy was once again in focus, comprising many of the Liv-ex 100 and Liv-ex 1000‘s best price performers in May. Year-to-date, the Burgundy 150 sub-index is up 22.3%, outperforming all other regions and the broader market. The 2019 Burgundy vintage was met with the most demand in May.
The 2019 was also the most traded Bordeaux vintage by both value and volume. The 2014 ranked second by volume, as buyers noticed the value it offers in relation to this year’s En Primeur campaign. The 2014s are also the best-rated Bordeaux ‘off’ vintage since 2005 and the second lowest-priced vintage. The final section of this report examines the En Primeur campaign so far and the question of value in more detail.
The full report contains additional Liv-ex research and analysis:
- Regional trade share in May
- The best-performing wines from the Rhône
- Perrotti-Brown stresses the value of Sauternes
- More estates withdraw from St-Emilion classification
- Have the 2021 Bordeaux En Primeur releases offered value so far?
Liv-ex members on our Silver tier package or higher can access the full report here.
To upgrade your package click here or speak to your Account Manager.
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 580+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines. Independent data, direct from the market.