Liv-ex 100 gains 2.7%: its biggest monthly rise in three years
The Liv-ex Fine Wine 100 Index has closed March up 2.69%. It closed on 250.25, up 6.55 points on February: its fourth consecutive monthly rise.
This is the index’s largest month-on-month rise since February 2013, when it rose 3.05%.
Sterling weakness against the Euro and the Dollar since last November has played a role here, invigorating buyers from Bordeaux to Beijing. However, March was a relatively stable month for Sterling and prices continued to rise.