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Fine Wine index flat in May
The Liv-ex Fine Wine 100 index ran flat in May with Bordeaux first growths accounting for the majority of wines that went up – and down over the course of the month.
The index saw a 10% dip in the value of trades during May as attention centred on the en primeur campaign but it and the Fine Wine 50 ultimately ran flat.
The first growths were particularly noticeable in both the highest risers and fallers charts. Dom Pérignon 2004 was the month’s highest riser, up 7.1% to £818 a case.
Lafite 2003 was the month’s biggest Bordeaux riser, up 6.6% to £6,450 a case and closely followed Haut-Brion 2010 which was up 5.4% to £5,350 a case.
The 2010 Romanée-Conti from Domaine de la Romanée-Conti was up 5.6% to £92,270 a case and Margaux’s 2005 crept up 3.2% to a little over £5,300.
The 2009 and 2010 vintages dominated the month’s biggest fallers, Mouton’s 2009 and 2000 vintages sliding 2.7% and 2.1% respectively, while the 2010 vintages of Cheval Blanc and Lafite went down 4% and 3.1%.
The month’s biggest drop was Opus One’s 2010 which tumbled 8.8% to £1,697 a case.