The Surprising Truth About the Price of Rosé

Our unquenchable thirst for rosé has rocked the world of wine retail. But how much should we really pay to drink pink?

“HOW MUCH SHOULD a rosé cost?” That question appeared recently on a wine discussion board. It struck me as curious to suggest that a certain wine color should be worth a specific dollar amount. I couldn’t imagine anyone asking about the appropriate price of a red or white. But rosé is more like a seasonal commodity than a wine for many drinkers today.

The latest Nielsen figures show retail dollar sales of non-sparkling rosés have increased by an eye-popping 65% this year over last, while sparkling rosé sales rose by nearly...