£2.9 Million of live positions + weekly update

Bordeaux has made a strong comeback this week on the Cavex platform accounting for the majority of trades matched. Overall growth continues with the live positions now reaching the £2.9 million mark.

Buyers have added 39 new positions totalling £195,000 with Left Bank Bordeaux taking top spot. Beychevelle, Forts de Latour, Lynch Bages and Petit Mouton all being sought in quantity. Italian bids continue to grow on Cavex at an increasing pace.

New offers have also had a strong week with the total number of cases up for sale increasing to 2131 equating to £1.65 million of stock. Make sure to check the Hot Stocks this week since there are some very well priced First Growths, a superbly priced Angelus 2006 and five cases of the cracking 94 point Gruaud Larose 2000, all at best market prices.

Notable trade highlights for the week have been for Carruades de Lafite 2009 at £1650, Leoville Barton 2005 at £620, Lynch Bages 2008 at £710, Malescot St Exupery 2009 at £600, Mouton Rothschild 2002 at £2820, Mouton Rothschild 2007 at £2800, Petrus 2003 at £7300 and Pontet Canet 2009 at £1540.

We have seen activity in Bordeaux 2000’s this week that should make interesting reading to our members: Haut Brion 2000 at £4900, Leoville Las Cases 2000 at £2000, Mouton Rothschild at £9800 and Latour at £7700.

Finally on this week’s top activities Cavex has been quoted on Bloomberg.com along side market data pioneers Liv-ex for recently traded price data. A sign of our growing credentials in the Fine Wine Market.

If you are in a position to offer stocks for sale, please do email us at trading@cavex.co.uk

 

Best Bids
Wine Vintage Format  Qty  Price    Last Trade  Date
Batailly 2009 12 x 75 1  £290.00  £290.00 16-Sep
Chevalier Montrachet Domaine Leflaive 2007 6 x 75 1  £1,610.00  –
Clinet 2009 12 x 75 1  £2,120.00  £2,150.00 16-May
Haut Brion 2006 12 x 75 15  £2,600.00  –
La Mission Haut Brion 2006 6 x 75 2  £720.00  £720.00 05-Nov
Lafite Rothschild 2009 6 x 75 3  £3,600.00  £3,600.00 06-Nov
Montrose 2009 12 x 75 1  £2,100.00  £1,925.00 10-Oct
Mouton Rothschild 2009 6 x 75 1  £2,600.00  £2,600.00 07-Oct
Pavie 2009 12 x 75 4  £2,600.00  £2,600.00 21-Jun
Pavillon Rouge 2006 12 x 75 5  £900.00  £910.00 06-Sep
Pavillon Rouge 2008 12 x 75 50  £880.00  £800.00 31-May
Pavillon Rouge 2009 12 x 75 3  £910.00  £920.00 16-Jul
Pichon Baron 2009 12 x 75 4  £1,160.00  £1,300.00 14-May
Pichon Lalande 2002 12 x 75 5  £770.00  £840.00 23-Aug
Rauzan Segla 2009 12 x 75 10  £800.00  £810.00 10-Oct
Talbot 2009 12 x 75 10  £350.00  –

Best Offers
Wine Vintage Format  Qty  Price    Last Trade  Date  Best on WS
Angelus 2006 12 x 75 1  £1,640.00  £1,640.00 24-Oct  £1,800.00
Ausone 2008 6 x 75 2  £2,450.00  £2,450.00 17-Oct  £2,644.00
Canon 2009 12 x 75 30  £835.00  –  £885.00
Duhart Milon 2009 12 x 75 4  £620.00  £640.00 25-Sep  £665.00
Duhart Milon 2010 12 x 75 1  £600.00  –  £650.00
Grand Puy Lacoste 2008 12 x 75 3  £270.00  £300.00 12-Jun  £300.00
Haut Brion 2009 12 x 75 1  £5,600.00  £5,600.00 31-Oct  £6,010.00
Latour 2003 12 x 75 1  £6,600.00  £7,100.00 11-Sep  £6,925.00
Margaux 2008 12 x 75 2  £2,790.00  –  £3,044.00
Montrose 2008 12 x 75 1  £565.00  £565.00 27-Aug  £575.00
Mouton Rothschild 2003 6 x 75 1  £1,650.00  £1,650.00 09-Sep  £1,675.00
Pichon Baron 2003 12 x 75 1  £940.00  £940.00 15-Jun  £940.00
Pichon Lalande 2002 12 x 75 5  £810.00  £840.00 23-Aug  £850.00
Romanee Conti DRC 2007 3 x 75 1  £22,000.00  –  £22,525.00
Sori San Lorenzo Angelo Gaja 2006 6 x 75 1  £1,200.00  £1,200.00 30-Oct  Cavex

REMINDER TO ALL MEMBERS – CHRISTMAS WAREHOUSE CLOSURES

With the Christmas season fast approaching and most logistics facilities hitting their busiest time of year, please do bear in mind that In Bond warehouse deliveries can take longer to complete than normal. Octavian and LCB move a vast amount of wine over the coming 6 week period and will be shut between Christmas and New Year. Therefore if you are planning on buying or selling wines over the coming weeks please take this busy period into consideration.

Seen a bid or offer that you are interested in but yet to have your trading privileges approved? Then please get in touch by calling us on +44 (0) 1491 576 300 so that we may get you activated straight away.

We look forward to hearing from you.
Best wishes
Cavex

 

CaveX Cru is our newly launched service offering members of CaveX the opportunity to buy exclusive parcels of affordable fine wines for everyday drinking.

No need to worry about in-bond, duty-paid, VAT or delivery. We just find great wines from some of the world’s top producers that are drinking perfectly now – all delivered direct to your door.

Click here for Cavex Cru

The Portfolio Management Partnership

More than ever, keeping a handle on what’s in your portfolio, its provenance, and its value is crucial to maintaining the integrity of your investment wines in-bond. Easy if you have a handful of cases and time on your hands. Not so easy if your collection is significant or you aim to invest more.

This is the reason we are launching our Portfolio Management Partnership service. Working with a trusted partner with over 30 years of experience in the fine wine business, this service will help you manage your portfolio, guide you on future investments, allow you to trade in only topflight investment wines and most importantly offer you access to one of the most secure wine storage services available to date.

Click here for more details…

External Service Providers

The Davies Turner Fine Wine team offers consultancy in meeting your individual requirements, building long-term partnerships with their clients, suppliers and partners worldwide. Founded in 1870 and still remaining in private ownership, they have over 140 years experience in freight forwarding being the UK’s leading independent freight and logistics provider. They have become the largest […]

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Connoisseur International is a specialist global provider of logistical solutions concerning wines and spirits based in London. They provide a variety of services including worldwide door to door export and import air freight, express courier, refrigerated ocean and road services. Collections are available on a daily basis utilising their own fleet of vehicles from all UK bonded […]

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