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.