- The Liv-ex Fine Wine 1000 rose 2.1% in September.
- All of its regional sub-indices rose.
- The Champagne 50 was the best-performing sub-index for the fourth consecutive month.
*made using the Liv-ex Charting Tool
The Liv-ex Fine Wine 1000, the broadest measure of the market, rose 2.1% in September, closing at 484.28. The index rebounded strongly last month having run flat in August.
The Liv-ex Fine Wine 100 and the Fine Wine 50 also rose last month.
The market has received a boost thanks in large part to the continuing weakness of Sterling.
Champagne 50 continues to rise
*made using the Liv-ex Charting Tool
For the fourth consecutive month, the Champagne 50 was the best-performing sub-index, rising 3.2%. It has now overtaken the Burgundy 150 as the best-performing sub-index over the past one year.
Trade was driven, once again, by demand for Louis Roederer Cristal’s 2013 and 2014 vintages, Taittinger Comtes de Champagne 2011 and Dom Pérignon 2012 and 2008.
Champagne was closely followed by the Bordeaux Legends 40 which rose 3.1%, its strongest monthly gain this year. The Rest of the World 60 (2.9%) and Rhone 100 (2.7%) also showed strong gains.
The Bordeaux 500 (1.6%) and Burgundy 150 (1.8%) were the weakest performers last month.
What is the Liv-ex 1000 index?
The Liv-ex Fine Wine 1000 Index is broadest measure of the market. It represents the price movement of 1000 of the most sought-after fine wines on the world’s most active and liquid marketplace. Stretching back over 20 years, the Liv-ex 1000 is comprised of seven sub-indices from across the world: the Bordeaux 500, the Bordeaux Legends 40, the Burgundy 150, the Champagne 50, the Rhone 100, the Italy 100 and the Rest of the World 60.
All Liv-ex indices are calculated using our Mid Price; the mid-point between the highest live bid and lowest live offer on the market. These are the firm commitments to buy and sell at that price; transactional data rather than list prices. It represents the actual trading activity of 600 of the world’s leading fine wine merchants. Because Liv-ex doesn’t itself trade, this data is truly independent and reliable.
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Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 600 merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £80m of bids and offers across 16,000 wines. Independent data, direct from the market.