Post Parker’s reappraisal at the end of June, it was perhaps to be expected that Bordeaux 2005 prices would quickly return to normal following an initial burst in activity. After all, the same happened recently with the 2012 in-bottle scores, but this time the rally seemed far shorter than most expected. Perhaps it is indicative of current market conditions?
With Europe focusing on Greece and a weakening Euro, it makes sense that worldwide buyers have recently been looking direct to France and other European merchants where more attractive prices are available. However with stock market falls of gigantic proportions occurring in China, which make the Greek deficit look relatively small, Asian buyers have been rather quiet. This has slowed the market down significantly and with sellers being told Fine Wine prices are holding even gaining in places it understandably means some sellers are reluctant to drop their offer prices. With the quiet summer period starting and bidders taking a break whilst markets attempt to stabilise, the next few months are pointing towards a bidder’s market more than a seller’s market. It is our belief that if a bid looks attractive and in range, perhaps a consideration is worth that little bit more contemplation.
Bid value and activity dropped by 2% over the week with Offer value down 4.6% although £250,000 of new positions have been placed. Trading data has shown a significant fall from previous traded prices during the same period. To keep up to date with all recent data, please click the link below for the latest trades.
Trade highlights of the week:
- Biggest Climber – La Mission Haut Brion 2008 12 x 75 at £1,125 +9.2% (since 21/10/14)
- Lafite Rothschild 1996 12 x 75 at £6,800 +2.3% (since 13/02/15)
- Leoville Barton 2000 12 x 75 at £890 +2.3% (since 12/06/15)
- Biggest Faller – Ausone 2008 6 x 75 at £1,525 -30.7% (since 17/01/14)
- Leoville Las Cases 1996 12 x 75 at £1,740 -8.4% (since 26/06/15)
- Margaux 2009 12 x 75 at £4,705 -5.9% (since 25/02/15)
If you have stocks of Bordeaux 1st and 2nd Growths, Vintage Champagne and strong brand name Australian Wines bidders are still looking for stock at the right prices. Please do contact us on firstname.lastname@example.org if you have stock to offer.
|Barolo Arborina Elio Altare||2008||6 x 75||£240||A||4||–||–|
|Barolo Monprivato Giuseppe Mascarello||2004||12 x 75||£1,070||A||1||–||–|
|Cos d’Estournel||2005||12 x 75||£1,380||A||1||£1,350||02/06/15|
|Cote Rotie Mouline Guigal||2005||12 x 75||£3,200||A||1||£3,200||25/06/15|
|Cote Rotie Mouline Guigal||2007||12 x 75||£1,665||A||1||–||–|
|Dom Perignon||2002||6 x 75||£530||A||4||£535||29/05/15|
|Hosanna||2009||6 x 75||£890||A||1||£930||06/07/14|
|L’Eglise Clinet||2005||6 x 75||£1,900||A||1||–||–|
|La Violette||2005||12 x 75||£1,000||A||1||–||–|
|Latour||2002||6 x 75||£1,560||C||1||£3,125||24/02/15|
|Latour||2006||12 x 75||£3,250||A||1||£3,200||19/05/15|
|Le Pergole Torte Montevertine||2007||6 x 75||£430||A||2||–||–|
|Le Pin||2005||3 x 150||£9,000||A||2||£9,500||10/06/14|
|Les Ormes de Pez||2010||12 x 75||£170||A||10||–||–|
|Percarlo IGT San Giusto||2008||6 x 75||£185||A||2||–||–|
|Petrus||2005||6 x 75||£11,425||A||2||£11,900||06/01/14|
|Richebourg DRC||2005||12 x 75||£15,250||A||1||£17,200||29/11/13|
|Romanee St Vivant DRC||2005||6 x 75||£6,200||A||2||£7,200||09/01/15|
|Romanee St Vivant DRC||2009||6 x 75||£4,555||A||1||£4,555||25/06/15|
|St Aubin Derriere Chez Edouard Hubert Lamy||2009||6 x 75||£125||A||1||–||–|
|St Aubin En Remilly Hubert Lamy||2009||6 x 75||£130||A||2||–||–|
|Beychevelle||2004||12 x 75||£570||A||10||–||–|
|Beychevelle||2008||12 x 75||£575||A||10||£570||19/05/15|
|Calon Segur||2009||12 x 75||£590||A||10||£590||22/03/15|
|Clerc Milon||2009||12 x 75||£380||A||5||£395||14/03/15|
|Clinet||2009||12 x 75||£1,980||A||2||£1,940||22/01/15|
|Cos d’Estournel||2008||12 x 75||£610||A||1||£610||01/07/15|
|Grand Puy Lacoste||2010||12 x 75||£480||A||9||£460||01/05/15|
|La Mission Haut Brion||2008||12 x 75||£1,045||A||3||£1,030||21/10/14|
|Lafite Rothschild||2012||6 x 75||£1,480||A||10||£1,520||29/06/15|
|Latour||2011||12 x 75||£3,200||A||1||£3,200||12/01/15|
|Leoville Las Cases||2000||12 x 75||£1,905||A||1||£1,925||12/06/15|
|Leoville Las Cases||2004||12 x 75||£920||A||2||£935||18/05/15|
|Leoville Poyferre||2004||12 x 75||£480||A||4||£480||28/03/15|
|Leoville Poyferre||2009||12 x 75||£1,310||A||2||£1,260||14/03/15|
|Margaux||1996||12 x 75||£4,060||C||1||£4,035||22/05/15|
|Montrose||2000||12 x 75||£1,080||A||2||£1,100||24/02/15|
|Pichon Longueville Baron||2003||12 x 75||£870||A||6||£830||27/05/14|
|Pichon Longueville Comtesse de Lalande||1996||12 x 75||£1,495||C||2||£1,480||13/11/14|
|Pichon Longueville Comtesse de Lalande||2006||12 x 75||£715||A||2||£675||09/12/14|
|Pichon Longueville Comtesse de Lalande||2010||12 x 75||£960||A||5||–||–|
|Romanee St Vivant DRC||2006||3 x 75||£1,780||A||1||£1,700||25/11/14|
|Smith Haut Lafitte Rouge||2010||12 x 75||£760||A||2||£765||04/12/14|
|Troplong Mondot||2009||12 x 75||£950||A||1||£950||17/07/14|
Enjoy the rest of your week.
Daniel, Jean, Simon, Steph & Steve
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