The wine market is off to a flying start in 2013, with the Liv-ex Fine Wine 100 posting a 3.1% increase in value for February.
The company's monthly report shows that all of its indices have maintained positive momentum, with the Fine Wine 100, which tracks the movement of the 100 most desirable wines in the world, up 6.0% since the start of the year.
Similarly, the Fine Wine 50, which tracks the last 10 vintages of the five Bordeaux First Growths, has seen a 6.4% increase since the beginning of 2013, with a 2.9% increase in February alone.
Bordeaux looks particularly robust so far this year, as the Liv-ex Bordeaux 500 reports a 4.7% increase in value. This will please those with significant Bordeaux holdings, after a poor two years for the illustrious French region; the Liv-ex 50 posted a drop of 24.2% over the course of 2012.
However, while Bordeaux attempts to reclaim its former glory as the undeniable market leader, Burgundy is hoping to continue its recent sucesses. The sale of Henry Tang's collection - one of the largest holdings of Burgundy in Asia - at Christie's later this month should put the region well on its way.
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