The industry benchmark – the Liv-ex Fine Wine 100 index – increased for the eighth consecutive month in July. It gained 3.6% to close on 269.07. This is the largest positive monthly movement that it has seen since November 2010. It is now at its highest level since August 2013.
The Liv-ex Fine Wine 50 Index also continued its charge, rising 5.4% to close on 307.8.
Buyers appear to have favoured top-scoring Bordeaux in July: high risers Leoville Poyferre 2009, Latour 2003 and Cos d’Estournel 2009 have all received 100-points from Robert Parker. Margaux 2010 – up 10.5% – has been scored 99 points by the critic.
Each of the five wines within the index that fell the most are from outside Bordeaux. Three of these are from Burgundy, with Armand Rousseau, Chambertin, 2010 (-9.8%) dropping the most.
Updated 15/08/2016: Originally stated “largest monthly movement since November 2011”. November 2010 is correct.