The Liv-ex Fine Wine 100 Index closed October on 308.93, up 0.3% on the previous month. Despite last month’s fall, the index is now at its highest level since September 2011 when it reached 322.66.
Last month highly coveted red Burgundy continued to appreciate in price. DRC, Tache 2012 was the top riser, up 14.4%. Armand Rousseau, Chambertin 2012 was up 4.7% last month after rising 6.8% in September. Meanwhile DRC, Romanée Conti 2012 continues to yo-yo, rising 5.1% in October having fallen 9% in September and risen 13% in August.
The fallers were a mixed bunch. Screaming Eagle 2013 has fallen once more, down a further 2.8%.
Buyers keen on monitoring Wine Advocate scores should note the decline of Montrose 2009, October’s worst performing wine. Having officially fallen from a 100 to 98 points in March, it appears the market is starting to react and subsequently the wine was down 6.9% last month.