imageThe 41st Nederburg Rare South African Wine Auction raised a record R6,2 million over the past two days, in what is one of the highlights of the wine industry events calendar. A total of 67 wineries, four being new (Anura, Axe Hill, Bloemendal, Pella) this year, participated in the Auction.

The second highest average price per liter was achieved this year, says Nederburg Auction Manager Dalene Steyn. The trend of last year to achieving premium price continued this year, the largest number of private buyers ever creating strong competitive bidding, with an average price per liter of R576. Record price per liter was achieved for the Fortified, Cap Classique, Port, and Dry White wine categories. UK wine judge Tim Atkin said that our local wines are still undervalued, especially (more…)