Lafite hits all time low on Liv-ex Fine Wine 100
Liv-ex Fine Wine 100 stated that sales of Fine Wine in July were more stable than a volatile June. Overall the index fell by 0.85% this July. June had seen severe drops for the first growths and Bordeaux was the hardest hit in July particularly Lafite which saw 2009, 2000 and 2006 suffer respective falls of 9%, 8.1% and 7.9%. At £5,500 for a case, Lafite hit its all time low this July, still quite a hefty price tag. But on a positive note Burgundy saw its highest share of trade in 18 months. Haut Brion 2010 bounced back from June's 11% drop in case price. A Rhone wine was also one of the months top risers with Clos Papes 2010 Chateauneuf du Pape up 8.7% to £815 a case.