August runs steady for fine wine

The Liv-ex Fine Wine 100 index steadied in August with a marginal 0.48% rise, though not enough to entirely correct the 0.7% slide seen in July.

So far this year the index is running flat, up just 0.8%.

The month’s best performing label was Giacomo Conterno’s 2010 Barolo Riserva Monfortino, which rose 14.4% to a new mid price of £13,040, while Beaucastel’s 2012 Chateauneuf du Pape Hommage J Perrin likewise went up 14%.

Screaming Eagle’s 2015, 2007 Cristal and the 2005 Cos d’Estournel were also all up over 8% last month.

Going down meanwhile were 2009 Ducru Beaucaillou and Lynch Bages, 208 Cristal and 2015 Domaine Jean-Louis Chave, Hermitage while Domaine de la Romanée-Conti’s 2014 Richebourg declined 14%.