S AFRICA: Sales up 20% at Nedbank auction

By | 4 October 2005

Local and international wine buyers paid out a record R3.59m (US$0.55m) for 2,828 (6-bottle) cases of wine at this year's 20th Nedbank Cape Winemakers Guild Auction held at the weekend.

This was up 20% on last year's figure of R2,96m for wines in the ultra-premium auction.

Foreign buyers constituted about 24% of the 130 bidders at the auction, with Tedeum Vin from Denmark again the top international buyer.

Sectors: Wine

View next/previous articles

Currently reading -

S AFRICA: Sales up 20% at Nedbank auction

There are currently no comments on this article

Be the first to comment on this article

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page