Bordeaux on the rise
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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Posted in: Fine wine analysis,
Tags: Bordeaux First Growths, Buy Bordeaux wines, fine wine, fine wine index, fine wine market, Libournais, Medoc Classed Growths, sell Bordeaux wine, wine, wine index, wine market,
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