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 Burgundy wine prices have risen so much that some breathing space is now welcome. Regarding the more recent vintages included in the WineDex, it was observed in the last auction that the more mature vintages continue to be appreciated. Within the indices iDealwine– which covers the 2001 to 2010 vintages – it is the 2002 vintage that currently leads the way in Burgundy, especially for the wines of Domaine Romanée Conti.
In Bordeaux, the indices iDealwineremained stable in October for some of the top vintages (2005 for example), or even slightly declined in others, such as the 2009 vintage (Montrose sold for €240, -5%). There was no significant change in the Rhône either, with the largest increases relating to wines not included in the indices iDealwine– a 1990 vintage of Château Rayas fared particularly well.
On the eve of the big year-end sales, these relatively stable indices are in no way a sign of a sluggish market – sales are taking place in significant volumes and the interest from buyers remains intact.
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