For the first time since November the Liv-ex 100 closed the month with a loss. Falling 1.3%, it closed April on 276.26, while the Liv-ex 50 dropped 1.3%, to 318.57.
Although Bordeaux 2012 release prices have come down on the levels of 2011, the market is so far unimpressed. While a handful wines have traded on the secondary market, many consider Bordeaux too expensive, and have reacted by selling high value wines from exceptional vintages.
Meanwhile off-vintage Bordeaux found the bid, and feature in April’s top movers alongside acclaimed champagne brands. Interestingly, Palmer 2005 rose on the back of the 2012 release which came out in London at a staggering £1,700.