The top movers in May were mixed. Two wines from the Rhone were the biggest risers: Guigal, Cote Rotie Mouline 2014 took the top spot with a monthly increase of 10.1%, while its Landonne 2014 was up 7.1%. Armand Rousseau Chambertin 2015 followed, rising by 4.5% last month. Opus One 2014 – the biggest faller in April – bounced back 4.1%.
Meanwhile, the biggest faller in May was April’s biggest riser – Beaucastel, Chateauneuf du Pape 2015. The wine dipped 16.8% – from £505 to £420 – just below its March levels. DRC Tache 2014, which had also previously risen, also fell by 6.8% in May.
The Liv-ex 1000 index – the broadest measure of the market – was up 0.1% in May to close on 353.48. This is the first time the index has risen this year, albeit a small rise.
The industry benchmark – the Liv-ex 100 – dipped 0.17% this month to close on 308.01. The Liv-ex 50 – which tracks the First Growths – also fell 0.31%.
Within the Liv-ex 1000, the Bordeaux Legends 50 was the biggest riser in May, up 0.49%. It was closely followed by the Rhone 100 and the Italy 100.
The Champagne 50 was the biggest faller this month (-0.98%), followed by the Rest of the World 50 (-0.63%).
Over a one-year period, the Burgundy 150 has been the best-performing sub-index (+15.85%). You can read more about the region’s secondary market performance in our latest report (published in January).
The Italy 100, however, has been somewhat of a dark horse and is up 7.84% over the same period. It is also the only sub-index to post positive gains year-to-date (1.67%).