The Liv-ex Fine Wine 100 Index – the industry benchmark – closed May at 308.01, down 0.17% on the previous month. The index has been on a downward trend since the beginning of the year.
The top movers in May were mixed. Two wines from the Rhone were the biggest risers: Guigal, Cote Rotie Mouline 2014 took the top spot with a monthly increase of 10.1%, while its Landonne 2014 was up 7.1%. Armand Rousseau Chambertin 2015 followed, rising by 4.5% last month. Opus One 2014 – the biggest faller in April – bounced back 4.1%.
Meanwhile, the biggest faller in May was April’s biggest riser – Beaucastel, Chateauneuf du Pape 2015. The wine dipped 16.8% – from £505 to £420 – just below its March levels. DRC Tache 2014, which had also previously risen, also fell by 6.8% in May.
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