The Liv-ex 1000 index rose again in June by 0.63% to close at 344.23 points, following the rise in May (+ 1.38%). This two-month rally left the index down just 0.5% in the first half of 2020.
Image courtesy of: Livex Premium Wine Market
The Bordeaux 500, on the other hand, rose 1.13 percent in June, leaving it flat year-to-date.
A weaker pound and active Asian buyers again helped the physical market regain its footing amid global economic turmoil and the distraction of the 2019 Bordeaux vintage release.
The largest increase in June was in the Champagne 50, up 2.24%; it outperformed the Italian 100 (0.12%), the best performer of the past year. 2008 vintage accounts for nearly a third of the total value and volume of Champagne transactions.
In June, all sub-indices rose, except for the Rest of the World 60 (-0.90%). The Bordeaux Legend 40 rose 1.42%, followed by the Rhône 100 (0.82%) and Burgundy 150 (0.39%).
The market continues to expand: the number of independent wines traded to date has increased by 18.1 percent.
Automated transactions accounted for 32.1 percent of the month"s volume, remaining above the 30 percent level for the third consecutive month.