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

WineDex June 2016iDealwine 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.

WineDex 01-07-16

iDealwine WineDex® indices, which are much less volatile than Bourse (French Stock Exchange) indices, have stabilised in recent months. In June, the WineDex® 100 rose by a modest +0.32%, pushed up by the slight increase in the price of Bordeaux grands crus (+0,47% on the Bordeaux WineDex®). The latter experienced a slight upward movement, but by contrast prices for 2015 new wines – which have risen significantly – reveal fine buying potential compared to older vintages. Burgundies recorded a 0.30% rise and Rhône wines remained virtually stable at +0.16%.

In the last 12 months, the performance of the WineDex® 100 rose by 9.06%, driven mainly by the fine performance of Burgundy prices. Global demand (particularly in Asia) combined with the scarcity of these wines helped to push the index up to +10,19% over a year. Although the trend has been towards stability more recently – WineDex® Burgundy even recorded a slight drop in May linked to a dip in Asian customers – this region has delivered the best performances over the last year.

 

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