Wednesday 3 February 2010

Off to a flyer...

Posted by Tom Jenkins, Bordeaux Buyer

2010 has started with a bang. The Liv-ex 100 has closed January 2.7% up at 243.59, that’s a 17.4% increase year-on-year. The Hong Kong market has also posted some positive results. Sotheby’s first Hong Kong sale of the year (23rd Jan) realised HKD52.9 million (USD6.78 million), their largest ever total for a one day wine sale. Highlights included an imperial of Lafite `82 (HKD363,000, USD46,526) and a case of Petrus 2000 that achieved HKD411,400 (USD52,730).