February Market Report in summary

• Trading Activity - up 60% y-o-y
• Liv-ex 100 Fine Wine Index - 2.7% up in January
• Major Movers - First Growths rising
• Critical Corner - Burgundy 2008 makes its debut
• Final Thought - focus on 1998 Bordeaux

View Full Market Report.

Liv-ex 100 Fine Wine Index

January trading kicked off 2010 with a bang. Brisk buying ahead of the Chinese New Year put paid to the traditional post-festive lull and
despite predictably high demand for Lafite the market was remarkably broad. All of the First Growths were strongly bid and demand for Latour, in particular, looks to have finally awakened from a long period of slumber. Exchange turnover increased 60% year on year, although it should be remembered that January 2009 was arguably the low point of global investor confidence.

The Liv-ex 100 Fine Wine Index putting on 6.4 points, rising 2.7% to reach  243.7, its largest monthly increase in almost a year. The index is now just 8% below its June 2008 high. (Find the Liv-ex 100 Fine Wine Index on Bloomberg: see index code LIVX100.)

Major Movers in the Market