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Fine wine remains unruffled in H1 2022

Yesterday’s trading activity 

The sustained demand for Cristal 2014 has continued this week, with the wine among the top-traded by value and volume. 

Jacques Selosse 2008 and Pétrus 2019 were among the top wines traded by value yesterday, while Clos du Marquis 2009 was the top-traded wine by volume. 

Liv-ex Fine Wine 50 remains steady  

Maintaining its strong performance since the 1Q 2020, the Liv-ex Fine Wine 50 has continued to outperform equity markets such as the FTSE100. 

Year-to-date, the Liv-ex 50 has risen 3.0%, while the FTSE100 has declined 2.6%. The on-going challenges facing equity and bond markets were covered in our recent Q2 Report. However, the leading fine wine indices have not been immune from the wider macroeconomic climate either. 

The Liv-ex 50 for example has seen its positive momentum slow. From May to June it rose just 0.3% while its monthly gains have been falling since February.   

Fine wine remains far less volatile than traditional stocks and shares – the index’s volatility is currently under 0.5% but has shown signs of creeping upwards since April. Caution seems to be the byword as the summer months unfold.  

This said LIVE bids rose fractionally on the previous week and currently stand at £39m. Similarly, the number of different buyers also rose week-on-week. Some, it would seem, are taking advantage of the uncertainty. The best time to buy after all, is when others are looking the other way.  

Opportunities to trade 

There are currently over 300 LIVE bids and offers on wines from Domaine de la Romanée-Conti. Head to the exchange to find them. 

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.