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

Indices iDealwine 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.

Indices iDealwine 01-07-16

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 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 iDealwine indice100 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 – iDealwine indiceBurgundy 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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