Wine Market – Page 37 – Le blog iDealwine

Post author:iDealwine
Post published:25 March 2016

Stars of the 2015 auctions on iDealwine

Here is the rundown of the top bottles auctioned on iDealwine over the course of last year. This overview provides a snapshot of the year, illustrating on the one hand particular circumstances and on the other some underlying, structural trends. DRC from Burgundy and, to a lesser extent, Bordeaux, dominate the roll call of the 50 bottles that fetched the highest prices at auction in 2015. Although Bordeaux accounted for over 50% of the total value of our sales in 2015, the region does not dominate the list of the 50 priciest bottles, with…

Post author:iDealwine
Post published:15 March 2016

Hong Kong, Shanghai: iDealwine continue its development in Asia

A few days ago, iDealwine team took part in the Shanghai Grand Tasting organised by famous duo of French wine journalists Michel Bettane and Thierry Desseauve. Let’s take a step back and review the presence of iDealwine in Asia and its international development. As you know iDealwine was started to enable wine lovers from all around the world to access fine wines at auction or fixed-price. Already very well represented in the European market, we started reinforcing our presence in Asia since 2010, joining essentially wine fairs as the Hong Kong International Wine…

Post author:iDealwine
Post published:15 March 2016

Auction Report: highlight on Ermitage Cathelin from Jean-Louis Chave

Over 500 buyers took part in this auction closed on 24th February on iDealwine. Overall, they have followed current market trends with a few surprises still as the Cuvée d’ermitage Cathelin from Jean-Louis Chave whose price soared. Same happened to a few other rare vintages in this sale. In Bordeaux, the « firsts» don’t seem to be suffering from current Bordeaux bashing and the demand remains high. Petrus is still in great demand including in « lesser » vintages, as for example this 1974 increasing by 21% to €1,040 or the 2006 to €1,800 (11%). The…

Post author:iDealwine
Post published:22 February 2016

Auction Report: top mature vintages from Bordeaux to Loire take the lead

iDealwine’s latest auctions ended on January 27. Mature vintages from all regions were much in demand. Here are the full details. Bordeaux’s oldest vintages once again forged ahead. Château Latour in particular stands out with its 1970 vintage selling at €960 (+50%) and its 1995 at €672 (+19%). It was the same story for Lafite with a 1950 going for €1380 (+49%). Even "humbler" vintages from Petrus soared in price with the 1977 reaching €1260 (+30%). Two other trends are worth noting after this sale. First of all, Mouton Rothschild is still the…

Post author:iDealwine
Post published:25 January 2016

Auction Report: Strong enthusiasm for Petrus, La Chapelle 1961 & top Champagne

Going against the grain, on a market where Bordeaux wines have remained stable for many months, one wine has stirred up the auctions, and wine enthusiasts - Petrus. The last online auctions of 2015 included the traditional prestige bottles. This year, Petrus has made the headlines, with at least 150 bottles of precious Pomerol sold in their original wooden cases, alongside bottles of big name Champagne, an extremely rare 1961 Hermitage La Chapelle and wines from the Romanée Conti estate. Let’s take a look at the astonishing prices. A rare series of Petrus…

Post author:iDealwine
Post published:12 January 2016

China will be the top wine-consuming country by 2027

According to calculations by Coface (a French export credit insurer), China will be the top market for wine in the world in 2027, ahead of the United States, France, Italy and Germany. World wine consumption should rise by approximately 10% in the same time-frame, but will double in China (to 30 million hectolitres). China currently ranks fifth in the world for wine consumption with 16 million hectolitres drunk in 2014, but a dozen years from now, it will be in first place (it is already the leading consumer of red wine). Wine consumption…

Post author:iDealwine
Post published:8 December 2015

November 25th Auction Report: Rousseau, Verset, Château-Grillet, Clos Rougeard and Selosse rising

The latest online iDealwine auction, which closed on 25 November, featured an increase in the number of foreign bidders hailing from over 30 countries. They purchased 50% of the available lots – clear proof of the popularity of our vintages on the export market! These include Domaine Armand Rousseau, in Burgundy, where prices have risen again – and it is not alone. We take a closer look. One auction follows hard on the heels of another on iDealwine, and the end-of-year period is particularly fruitful both in terms of the diversity of wines…

Post author:iDealwine
Post published:24 November 2015

November 12th Auction Report: 1990 vintage, Romanée Conti, Jamet…

The proportion of foreign buyers in the latest auctions increased significantly, especially for the rarest and most expensive bottles. In the auction closed on 12th November, we could note a strong demand for the 1990 vintage as well as for special releases and collectors’ bottles. In Bordeaux, older vintages did particularly well as this bottle of Château Latour à Pomerol 1959 that went for €1,200 to a wine lover from Hong Kong. In Sauternes, a Château d’Yquem 1958 reached €840 (+25%). Beyond the most significant price evolutions, note Château Margaux 1990, sold…

Post author:iDealwine
Post published:22 November 2015

October 28th Auction Report

Stunning auction wines reach new heights The Online Auction that closed end of October saw 2,000 lots sold, with prices ranging from €10 to more than €10,000, the latter paid for a 2002 Romanée-Conti. Buyers from more than 30 countries competed, resulting in some of these wines to cross the €1,000 threshold – in some cases for the first time. Petrus, the undisputed star of Bordeaux In Bordeaux, it is clear that Petrus is still in the lead. This famous Pomerol recorded price increases of at least 10% compared to the iDealwine estimate,…

Post author:iDealwine
Post published:22 November 2015

The WineDex® registered slight rise in October

The iDealwine 100 index, which includes the great wines of Bordeaux, Burgundy and the Rhône Valley, remained relatively stable in October (+0.18%), at least compared to the CAC 40. But since January 2015, its progression has remained significant at +9.75%, and even more so over the last 12 months (10.46%). This is due to sharp increases earlier this year, with the inclusion of the 2010 vintage. It is once again the Burgundy indices iDealwinethat leads the pack, with an increase of 0.28% during October. A progress slower than in previous months, but…