by Wine Owners
Posted on 2016-03-10
The Wine Owners First Growths Index is up 3.71% Year to date, whilst the Medoc Classed Growth index is up 5.1% for the same period.
The Wine Owners Libournais Index - comprising top Pomerol and St Emilion wines - is also up 4.24% over the last 3 months.
Buyers are coming back into the market in the last few weeks and early signs are very promising: this feels very different to the various short lived rallies since 2013, and is on the back of single digit, consistent quarter on quarter gains over the course of calendar 2015.
The Wine Owners First Growths Index had previously risen 4.6% in 2015. The Medoc Classed Growth index had gained 9% over the course of 2015, with rises dominated by the older back vintages tracked in the vintage range 1996-2006. At this level versus the First Growths it’s noticeable that 2009s are also on the move up.
What does 2016 hold for the collector?
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by Wine Owners
Posted on 2014-02-06
Average cellar size £60,000
Total cellars under management £40m
|
January |
Overall |
| Bordeaux |
26% of total trades |
39% |
| Tuscany |
23% |
12% |
| Rhone |
21% |
13% |
| Burgundy |
21% |
17% |
Enthusiastic reviews from Antonio Galloni seem to have piqued interest in the 2010 vintage in Tuscany and Piedmont, with back vintages in Tuscany hanging on the coat-tails of the 2010. The tried and tested Supertuscans seem to be the big winners, with trading users offering and bidding around Sassicaia, Ornellaia and Masseto in mid January, with a high correlation of offers to trades across the region.
The inclusion of some excellent new private collections of Rhone and Burgundy in December and January have pushed up the market share of those regions to rival Bordeaux in those months, with a spread of private and trade buyers picking up top wines from producers like Guigal, including a rare parcel of 1989 la Turque trading at £2,900.
Bordeaux, even in a relatively flat market for the region, continued to account for the largest percentage of Exchange trades in January. Interest focusses around classic wines such as 1982 Latour (recent trades at £13,300), top scorers, and ‘off’ vintages, particularly among the first growths. On the right bank in particular, 2005 appears to be attracting new interest where the price is right, so perhaps the prospect of an uninspiring En Primeur season is already encouraging sparks of interest in great vintages with a track record of quality and performance.
Index comparisons show a relatively flat year’s market, with Medoc Classed Growths slightly underperforming, and top level Burgundy slightly bucking the trend by showing 5.6% growth compared to a base value at Feb 2013.
