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Liv-ex indices run flat in June

By July 1, 2013Fine Wine Market

Liv-ex_100_June

The market struggled to find direction in June. Prices were
relatively flat, with the Liv-ex 100 and Liv-ex 50 each posting a loss of 0.4%.
Full index levels can be seen here.

In periods of market uncertainty, traders tend to offload
more expensive wines to minimise risk, seeking out value wines instead. As a
result, our movers table below sees high-priced Bordeaux and Burgundy falling in
price, while affordable but acclaimed Pape Clement 2010 (a 100-point wine) and
Montrose 2003 have seen solid rises. Champagne – which has shown steady growth despite underlying market conditions – has benefitted from buyers diversifying from Bordeaux, and
prices have risen for Krug and Cristal vintages. 

Major Movers_June