First Growth price falls led the Liv-ex Indices lower last month. The Liv-ex Fine Wine 100 Index – the fine wine industry's leading benchmark – dropped 4.53 per cent to 308.03, bringing its year-to-date performance to -8.40 per cent and its year-on-year performance to -2.41 per cent.
The Liv-ex Claret Chip Index recorded the most notable monthly losses, having fallen 5.90 per cent to 363.28. The index is currently down 12.19 per cent year to date and -5.89 per cent year on year.
The Liv-ex Fine Wine 50 Index also failed to move out of the red last month. The First Growth index ended October at 363.94, having descended 5.83 per cent. It has fallen 9.27 per cent this year and -1.05 per cent over the last 12 months.
The Liv-ex Fine Wine Investables Index closed at 319.92. Although it has fared slightly better than its peers, it is down 4.23 per cent for the month and -4.16 per cent for the year so far. Nonetheless, it has gained 2.20 per cent over the last 12 months.
The Liv-ex Fine Wine 500 Index is the broadest based of the Liv-ex Indices and is designed to reflect price trends in the wider fine wine market. The index fell 3.61 per cent to 276.10, but has maintained positive growth this year. It has climbed 7.36 per cent since January and 13.23 per cent since October 2010.
For all October index levels, please visit the Liv-ex Indices page on Liv-ex.com.
Please note that Liv-ex will be at the Hong Kong International Wine and Spirits Fair this week (3-5 November). You can find us at booth 3D-B26 in the Wine Investment Zone. If you would like to make an appointment with a member of our team, please contact email@example.com.