Amid continued First Growth price drops, interest in top Burgundy is gaining traction. The Liv-ex Fine Wine 100 Index fell 6.35 per last month – its most significant loss since October 2008. The Liv-ex DRC Index, however, is treading a very different path, having risen 1.71 per cent in September and 31.07 per cent in the year to date.
Whilst there is no doubt that waning demand for the First Growths – most notably Lafite – has led the Bordeaux market lower, it is equally clear that Romanee Conti has been the driving force behind DRC's rise. Vintages of Romanee Conti have increased in value by up to 64 per cent this year (and have commanded the highest prices in Hong Kong auction rooms this month). The wine's lead can be seen from the chart below, which shows the individual progress of each Cru since September 2010. Liv-ex trading members can view live markets here.
