May was a quiet month for fine wine in terms of price movements, although volumes remained reasonable.
All Liv-ex indices ran flat in May for fine wine, mainly due to the failed 2012 En Primeur campaign that has left the market in stasis.
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Due to Bordeaux’s rousing performance earlier in the year, the Liv-ex 50 index has posted a year to date increase of 5.3%, despite the recent dip. The DRC 50 – which has been one of the best indices of the last few years – has shown notable signs of slowing.
Meanwhile the Super Tuscan 50 continues to perform solidly.
In 2012, the Liv-ex indices rose in the first quarter before falling following the failed En Primeur campaign. The Liv-ex 100 fell 4% in May 2012.
Last month’s loss of just 0.3% gives hope that the market may have avoided repeating this pattern.
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By GlobalData
