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Fine wine prices continue to rise in June

  • The Liv-ex 100 index rose 0.7% in June for the fourth month in a row.
  • High-end wines from Burgundy, Champagne and Tuscany were the biggest risers.
  • Domaine de La Romanée-Conti Romanée-Conti 2017 was the top price performer in June.

*made with the Liv-ex Charting tool.

The industry benchmark, the Liv-ex 100 Fine Wine index, closed June at 412.53, rising 0.7% for the fourth month in a row. The Liv-ex 50, which tracks the price performance of the Bordeaux First Growths, went up just 0.1%. The indices, calculated in Sterling, were driven by the currency’s recent weak performance. The Liv-ex 100 fell 0.4% in Euro and 2.8% in Dollar terms.

Still, half of the wines in the Liv-ex 100 index went up in value in June. Meanwhile, equities and commodities were affected by fears of recession, stagflation and rising interest rates.

Burgundy continues to lead price performance

Top domaines from Burgundy continued to run ahead. Domaine de La Romanée-Conti Romanée-Conti Grand Cru 2017 was the top price performer in June, up 20.1%. The wine, of which only 627 cases were produced, boasts 96-points from Neal Martin and Antonio Galloni at Vinous. Other Burgundians like Domaine Faiveley Corton ‘Clos des Cortons Faiveley’ 2019 and Domaine des Lambrays Clos des Lambrays 2018 rose 8.9% and 8.5% respectively.

Dom Pérignon 2010 was the best performer from Champagne, up 14.6%.

The third most traded Super Tuscan in June, Ornellaia 2018, was also the third biggest riser (+9.5%). The wine’s Mid Price reached £1,708 per 12×75, the same as its last trade price.

Ornellaia 2018 trades on Liv-ex

What is the Liv-ex 100 index?

 The Liv-ex Fine Wine 100 Index is the industry leading benchmark. It represents the price movement of 100 of the most sought-after fine wines on the world’s most active and liquid marketplace from France, Italy, USA, Australia and Spain. Stretching back over 20 years, the Liv-ex 100 is quoted on Bloomberg and Reuters screens.

All Liv-ex indices are calculated using our Mid Price; the mid-point between the highest live bid and lowest live offer on the market. These are the firm commitments to buy and sell at that price; transactional data rather than list prices. It represents the actual trading activity of 600 of the world’s leading fine wine merchants. Because Liv-ex doesn’t itself trade, this data is truly independent and reliable.

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