Fine Wine Holds Steady In August

September 04, 2015

The Liv-ex 100 index gained 0.09% in August to close on 241.64, regaining some of the ground lost last month. The Liv-ex Fine Wine 50 also edged up, gaining 0.2%.

This month’s top performing wines from within the index come from a number of regions – and the top riser was once again from Burgundy. Pape Clement 2010, which Liv-ex recently highlighted as the second cheapest 100-point Bordeaux wine available, also performed well.

Although Italy has edged ahead of Burgundy as the second most traded region, prices for some of its wines struggled to hold: two Italian wines were among the worst performers. Mission Haut Brion 2005 – recently upgraded to 100 points by Robert Parker – also dipped after failing to maintain the heights reached after its recent price surge.

Continue reading: Liv-ex





Also in News

Rare Wine Auctions Set New Records in the First Half of 2018
Rare Wine Auctions Set New Records in the First Half of 2018

July 24, 2018

Feverish demand for Burgundy and renewed interest in Port marked sales from New York to Hong Kong.

Continue Reading

What Makes Grand Cru Great
What Makes Grand Cru Great

July 19, 2018

Grand cru is usually translated to "great growth", though the long-winded "(product of) a great growing site" gives a clearer understanding of the meaning. Cru is the past participle of the verb croître, to grow. However, what this term means in practice in the French wine industry varies by region.

Continue Reading

Single bottle of Penfolds 1951 Grange sells for Australian wine high of $78,000 at auction
Single bottle of Penfolds 1951 Grange sells for Australian wine high of $78,000 at auction

June 25, 2018

IT’S the single most-expensive bottle of Australian wine ever sold and of course, it’s from one of the best winery regions in the world — South Australia.

A SINGLE bottle of the revered first vintage of Penfolds Grange, has smashed the record price paid for a bottle of Australian wine. 

Continue Reading