The Liv-ex Indices ended July on a low note, with all but the Liv-ex Fine Wine 500 posting negative returns. The Liv-ex Fine Wine 100 – the fine wine industry's leading benchmark – moved down 1.56 per cent to finish the month at 359.01. The index is up 6.76 per cent year to date and 19.30 per cent year on year.
First-Growth prices took some the hardest knocks, pushing the Liv-ex Fine Wine 50 down 2.44 per cent month on month to 434.53. The index, which tracks the price movement of the ten most recent physical vintages of the Firsts, has risen 28.10 per cent over the past year and 8.33 per cent in the year to date.
The Liv-ex Claret Chip Index closed July at 441.55 – a change of -1.85 per cent on June. The index is up 6.72 per cent year to date and 22.27 per cent year on year.
The value of the Liv-ex Fine Wine Investables Index on 31 July was 365.28. Though the index descended 1.23 per cent last month, it has risen 9.42 per cent this year and 23.74 per cent year on year.
The only index to gain ground in July, the Liv-ex Fine Wine 500 closed at 294.17 on Friday – up 0.53 per cent. Since the start of the year, the benchmark (which is the broadest based of the Liv-ex Indices) has climbed 37 points, or 14.39 per cent. Year on year, the index is up 25.73 per cent.