Liv-ex 100 index dips 0.7% in February

The Liv-ex Fine Wine 100 Index – the industry benchmark – closed February at 309.76, down 0.71% on the previous month. This marks the fifth consecutive monthly fall for the index.

Bordeaux dominated the top movers in February with its 2009 vintage as ten year on tastings were in full swing. Haut Bailly 2009 was in the top spot with an increase of 14.1%. Back in 2015, Robert Parker awarded it the ultimate 100 points, describing it as “the vinous equivalent of a remarkable haute couture creation from the late Coco Chanel”.  Another 100-point Robert Parker wine, Smith Haut Lafitte, took second place with a 4% rise.

Penfold Grange was the notable exception to this Bordeaux trend. The only Australian label that made it into our 2018 Power 100 featured with its 2008 vintage and a price increase of 3.7%.

The biggest fallers in February were a mixed bunch – Italy, the Rhone, Bordeaux and Burgundy. The Super Tuscan Masseto 2014 dipped by 4.3%. The wine last traded at £4,200 per 12×75. Armand Rousseau Chambertin 2015 fell the most, down by 8.5%.