Wine Market – Page 35 – Le blog iDealwine

Post author:iDealwine
Post published:21 July 2016

Auction Report: top prices for Bordeaux 2005 and rare vintages from Rhône, Loire, Champagne and Alsace

At the auction closed 29 June, Bordeaux and Burgundy made steady progress while prices for rarer vintages from the Rhône, Loire and Alsace rose dramatically. Buyers from overseas, especially Asia, were particularly active at this latest auction. A number of Bordeaux grands crus classés achieved slightly higher prices this time. A 2005 Prestige crate (Petrus, Mouton Rothschild, Lafite Rothschild, Latour, Cheval Blanc and Margaux) sold very well at €6300 - an increase of 11% on iDealwine's accumulated price for the different wines in this crate. The 2005 vintage also continued to make progress…

Post author:iDealwine
Post published:12 July 2016

iDealwine WineDex® indices rise by 4.93% in the first quarter of 2016

iDealwine wine indices have shown remarkable stability in the first quarter despite strong pressure on the CAC 40. Since January 2016, they have recorded a 4.93% rise, even peaking at 9.06% over the last twelve months. iDealwine indices, which are much less volatile than Bourse (French Stock Exchange) indices, have stabilised in recent months. In June, the iDealwine indice100 rose by a modest +0.32%, pushed up by the slight increase in the price of Bordeaux grands crus (+0,47% on the Bordeaux indice iDealwine). The latter experienced a slight upward movement, but by contrast…

Post author:iDealwine
Post published:10 July 2016

Wine auction market: iDealwine reaffirms its #1 ranking

Catherine Chadelat, president of the Conseil des ventes volontaires (French Council of Auctioneers) released the annual activity report for 2015 to the press end of June. The wine auction market increased slightly and iDealwine was once again designated as the leading French player by a considerable margin. A niche market which has grown slightly in 2015 Wine remains a niche market in the public auction arena in France with only 2.5% shares in the total “Art and Collectables” sector. Grands crus from Bordeaux and Burgundy account for the majority of the sales…

Post author:iDealwine
Post published:7 July 2016

Auction report: mature vintages from the top Burgundy on the rise

The sale that closed on 15 June saw a let-up in prices for several regions, notably Champagne, Bordeaux, and in Languedoc the Grange des Pères. Burgundy, by contrast, had a strong showing, particularly for whites. In Bordeaux, one of the main market indicators is Château Lafite Rothschild, which has long served as a barometer of Asian demand. At present we are seeing a stabilisation or even a slight fall in the prices of wines from this Pauillac premier cru. Bottles from 1982 and 1996 sold for the same as their iDealwine estimate…

Post author:iDealwine
Post published:6 July 2016

Brexit and its impact on the wine market

Following the announcement of Brexit, shock waves ran through the wine market too. Even if it is still too early to forecast with any accuracy what its medium or long term effects will be, we are already able to broadly outline how Brexit will impact on wine trading between the United Kingdom and Europe. The United Kingdom has always held a dominant position in the wine market, a position maintained in particular by the strengthen of leading merchants and long-established brokers who are able to call the shots when it comes to prices…

Post author:iDealwine
Post published:24 June 2016

Auction Report: marked success for the big names from the Rhône

In the auction closed on 1st June, the jewels of the Rhône valley – the bottle of Hermitage La Chapelle 1961, and others besides – made their mark. In Alsace, the Rieslings from the Trimbach stood out. As usual, our connoisseurs were on the look-out for the kind of quality bottles they love. And in the auction that closed on 25th May, there were ample bargains to be had from every region. From Bordeaux, several cases of grands crus of the 2008 vintage (Latour, Petrus, Haut Brion, Cheval Blanc, Margaux, Mouton Rothschild) sold…

Post author:iDealwine
Post published:24 June 2016

Slowdown in price for Burgundy grands crus?

iDealwine's iDealwine indices recorded a token increase of 0.11% in May, taking their performance since the beginning of 2016 to 4.60%. The month of May saw a slight fall in the prices of wines from Burgundy. It may well be a one-off, but in May wines from Burgundy experienced something of a quiet spell in terms of auction prices. Having long been the main driver of growth in the iDealwine wine indices, they fell back slightly during May. The fall may have been tiny (-0.02%), but it contrasts sharply with the trends noted…

Post author:iDealwine
Post published:2 June 2016

Auction report: Dagueneau grabs headlines

The auctions of 11th May included their share of treasures from all regions… not least in the Loire valley, where Dagueneau was particularly well represented. Let's take a closer look at the world of rare wines. Each of France's main wine regions has its own little hidden gems – a fact well known to eager connoisseurs, prompting a number of lively battles at the online auctions of 11 May. As wine lovers will tell you, the Loire valley is home to two superstars: Clos Rougeard in Saumur-Champigny, and Dagueneau in Pouilly-Fumé. And it was…

Post author:iDealwine
Post published:19 May 2016

iDealwine’s WineDex® 100 remains stable in April and up 4.48% in 2016

iDealwine's wine indexes showed little movement in April. However, they have kept ahead of the CAC 40 index since the start of the 2016 financial year. On the auction front, a "wait and see" approach is always required in this "pre-primeur" period, and prices of recent vintages, most of which are listed in iDealwine's indices iDealwineindexes, remained stable in April: the iDealwine indice100 rose slightly to 0.42%, driven mainly by wines from the Rhône valley (+ 0.63% for iDealwine indiceRhône) and also by Burgundy wines (+ 0.49%) . In Bordeaux, stable rates are…

Post author:iDealwine
Post published:18 May 2016

Château Palmer white wines go on sale for the first time

The news may have slipped under the wine world's radar, but Château Palmer has just released its 2014 white (the first time these wines have carried a price tag)… on the Hong Kong market. Have you had the chance to try a white Château Palmer yet? This tiny production, launched in 2007, had until now been reserved for the estate's owners, and served at private receptions. The fact is that hardly any Médoc châteaux produce white wines, although some have been taking steps towards doing so over the last few years. There is,…