The Liv-ex Fine
Wine 100 Index
showed continued strength in February, closing the month on
276.3 – up 3.1%. The Liv-ex
Fine Wine 50
rose by 2.9%, and is now up 9.7% since its low-point of 293.10
in mid-November.

Of the components in the Liv-ex 100, only a fifth of the
wines dropped in price in February. Having shown considerable strength late last
year Latour 2002 has since pulled back, but on the whole the First Growths had
a good month. 

Having drifted at the end of last year, Tache 2006 performed
well in February. Mouton 2006 – which hit a five-year price low in January
– also found buying interest. Meanwhile Montrose 2009 is climbing back to the peak
it touched this time last year, when Parker released his in-bottle scores for
the 2009s.