The Liv-ex Fine Wine 100 Index closed November on 296.19, up 1.6% on the previous month. The index has now risen for an unprecedented twelve consecutive months and is up 23.8% year-to-date. It is now at its highest level in five years.
The two top movers last month were from Champagne and Tuscany, with Taittinger Comtes 2004 (WA 96) and Ornellaia 2009 (WA 97) increasing by more than 9%.
The pace of the market appears to be slowing slightly and there seems to be no set pattern in risers and fallers. In November, Masseto 2010 (WA 98) and Beaucastel 2012 (WA 96) pulled back from their significant gains of previous months. Overall the market strength appears robust, but as we head towards 2017, it remains to be seen whether the long period of sustained gains will continue.