A week of falls, Opus One 2010 and a 97 pointer for £280

Contrary to last week’s rise and fall of prices on the Cavex platform, this week has seen one of falling prices for the majority of wines traded. Sellers have been matching bids making it very much a buyer’s market.

Noticeable fallers have been Chateau Latour 2008 at £3,700 down 11.9% from October, Lynch Bages 2010 down 6.6% at £850 since January, Pichon Baron 2003 has fallen 6.9% since June last year to £875 and even with recent demand appearing for Rauzan Segla 2009, this has fallen 2.5% since mid December to £780. Pontet Canet 2006 took a dip of 1.7% to £595 from January whilst there has been a slight climb for the 2009 to £1,490 up 0.7% in the same period.

A number of wines have been holding themselves steady with Forts de Latour 2009 levelling at £1,330 and Montrose 2009 trading at £2,100. Hot wine of the moment appears to be Opus One with the 2010 vintage trading at £890 per 6 this week, with a further 60 cases on offer at £920. This is definitely a wine to watch.

Total value of positions has fallen 0.83% from last week with all bids and offers amounting to £3.65million. Interestingly over the same period, the total amount of active cases on the Cavex platform grew by 2.5% up to 3709.

We have highlighted a mix of offers this week that have been priced by our members. They are all market setters and offer the best prices in the UK. As usual there are well priced Bordeaux, from Le Tertre Rotebeouf 2006 at £380 (6) through to a case of Petrus 2001 magnums at £9,000 (3). From Burgundy, there are wines on offer from producers Comte de Vogue, Georges Roumier, Armand Rousseau and Trapet. Finally from the Rhone, very well priced 2009 La La’s from Guigal as well as a keenly priced offer of Tardieu Laurent CNDP 2009 at £250 per 12.

Also highlighted this week is a great parcel of Torbreck wines from vintages 2000 to 2005. These wines are highly rated by Robert Parker and the Wine Advocate team, with scores between 93 and 99 points. With Lisa Perrotti-Brown recently scoring the 2010’s and awarding 100 points to the 2010 Run Rig, we feel a look back at older vintages is warranted to identify where great value is available for fantastic wines, to which a second thought is often not given.

Hot Offers
Wine Producer Vintage Format Offer Cases
Ausone 2008 12 x 75 £4,100 3
Branaire Ducru 2003 12 x 75 £510 1
Carruades de Lafite 2010 6 x 75 £720 1
Cheval Blanc 2000 12 x 75 £5,400 1
Cos d’Estournel 2009 12 x 75 £2,000 1
Forts de Latour 2009 12 x 75 £1,330 3
Grand Puy Lacoste 2010 12 x 75 £550 10
L’Eglise Clinet 2006 12 x 75 £1,250 1
La Chapelle de la Mission Haut Brion 2006 12 x 75 £395 1
La Chapelle de la Mission Haut Brion 2009 12 x 75 £400 5
Lafite Rothschild 2009 12 x 75 £6,700 1
Lafite Rothschild 2009 6 x 75 £3,225 2
Latour 2000 12 x 75 £7,500 1
Latour 2005 12 x 75 £6,500 1
Latour 2009 6 x 75 £4,575 2
Latour 2010 3 x 75 £2,450 1
Le Petit Cheval 2009 6 x 75 £550 2
Le Pin 2008 6 x 75 £5,250 2
Le Tertre Roteboeuf 2006 6 x 75 £380 1
Margaux 2009 6 x 75 £2,650 2
Pavillon Rouge 2007 12 x 75 £960 20
Petrus 2001 3 x 150 £9,000 1
Astralis Shiraz – 99pts Clarendon Hills 2005 6 x 75 £750 1
Run Rig – 99pts Torbreck 2001 6 x 75 £600 1
Run Rig – 99pts Torbreck 2002 6 x 75 £600 3
The Factor – 95pts Torbreck 2000 6 x 75 £480 2
The Factor – 99pts Torbreck 2002 6 x 75 £480 4
The Factor – 97pts Torbreck 2005 6 x 75 £280 2
The Pict – 95+pts Torbreck 2004 12 x 75 £720 1
The Steading – 93pts Torbreck 2005 12 x 75 £200 4
The Struie – 95pts Torbreck 2002 6 x 75 £175 3
The Struie – 94pts Torbreck 2005 12 x 75 £260 1
Barolo Ciabot Mentin Ginestra Domenico Clerico 2001 6 x 75 £230 1
Brunello di Montalcino Soldera Case Basse 2006 6 x 75 £1,400 1
Sperss Angelo Gaja 2009 3 x 150 £540 1
Bonnes Mares Comte Vogue 2008 6 x 75 £1,140 1
Bonnes Mares Comte Vogue 2010 6 x 75 £1,650 1
Bonnes Mares Georges Roumier 1999 6 x 75 £5,000 1
Chambertin Armand Rousseau 2009 6 x 75 £5,950 1
Chambertin Roche de Bellene 2009 6 x 75 £640 2
Chambertin Clos de Beze Domaine Faiveley 2009 6 x 75 £1,150 1
Chassagne Montrachet Vergers Fontaine Gagnard 2009 12 x 75 £280 2
Clos de Tart Mommessin 2009 6 x 75 £975 1
Clos Vougeot Francois Lamarche 2010 6 x 75 £500 1
Gevrey Chambertin Champs Chenys Joseph Roty 2009 12 x 75 £300 1
Grands Echezeaux DRC 2002 3 x 75 £2,050 1
Latricieres Chambertin Trapet 2010 6 x 75 £675 1
Musigny Comte Vogue 2006 6 x 75 £2,250 3
Romanee St Vivant DRC 2003 3 x 75 £2,250 1
Romanee St Vivant DRC 2004 3 x 75 £1,800 2
Romanee St Vivant DRC 2009 6 x 75 £5,800 1
Tache DRC 2005 3 x 75 £8,250 1
Tache DRC 2007 6 x 75 £7,300 1
Vosne Romanee 1er Cru Duvault Blochet DRC 2006 6 x 75 £2,600 1
Chateauneuf du Pape Vielles Vignes Tardieu Laurent 2009 12 x 75 £250 10
Cote Rotie La Ladonne Guigal 2009 3 x 75 £950 1
Cote Rotie Turque Guigal 2009 3 x 75 £950 1
Opus One Mondavi 2010 6 x 75 £890 1
Opus One Mondavi 2010 6 x 75 £920 60
Flor de Pingus Pingus 2010 12 x 75 £500 3

Latest Bids
Wine Producer Vintage Format Bid Cases
Barolo Ca Mia Brovia 2008 6 x 75  £180.00 2
Beychevelle 2007 6 x 75  £275.00 2
Beychevelle 2010 12 x 75  £535.00 1
Calon Segur 2010 12 x 75  £550.00 1
Cos d’Estournel 2008 12 x 75  £620.00 1
Duhart Milon 2005 12 x 75  £590.00 1
Guidalberto San Guido 2001 12 x 75  £240.00 1
Guidalberto San Guido 2006 12 x 75  £240.00 2
Haut Brion 1998 12 x 75  £2,875.00 5
Hosanna 2005 6 x 75  £620.00 1
La Dame de Montrose 2009 12 x 75  £275.00 50
Latour 2000 12 x 75  £7,200.00 1
Latour 2002 12 x 75  £3,200.00 4
Latour 2004 12 x 75  £3,220.00 1
Leoville Las Cases 2000 12 x 75  £1,900.00 4
Leoville Poyferre 2009 12 x 75  £1,380.00 1
Les Forts de Latour 2005 12 x 75  £1,320.00 1
Mouton Rothschild 2010 6 x 75  £2,375.00 2
Pavie 2008 12 x 75  £1,525.00 5
Pontet Canet 2009 12 x 75  £1,500.00 1
Pontet Canet 2009 12 x 75  £1,460.00 3
Smith Haut Lafitte Rouge 2010 12 x 75  £800.00 5
Smith Haut Lafitte Rouge 2010 6 x 75  £400.00 1
Talbot 2008 12 x 75  £300.00 4
Trotanoy 2009 6 x 75  £1,080.00 1

We are still looking out for large cellar collections on behalf of some of our new members. If you have significant holdings of Bordeaux, Burgundy, Champagne, Italian, Rhone and USA wines, and you would like to move these easily in batch parcels, then do get in touch. Please email us at trading@cavex.co.uk with your portfolio listing and we would be happy to assist where possible.

Best wishes

Steve, Daniel, Simon & Jean

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