Beychevelle, Duhart Milon, Latour & Pavillon Rouge climb as £750,000 of new positions are placed

Activity increased hugely from the previous week with feverish trading on the Cavex exchange. Members placed new positions to the tune of £750,000, a rise of 5% on the previous week with 805 new cases offered for sale. The increase of 25% in new cases offered for sale has resulted in a drop in the bid to offer ratio to 1.89:1, the first fall since early in the first quarter of 2014.

Whilst trade was a little subdued in the first week of December, things have started to warm up as shipping deadlines for New Year and Chinese New Year approach. Buyers have been actively seeking deals for Beychevelle, Duhart Milon, Latour and Pavillon Rouge, with multiple vintages of these wines trading through the last seven days. Biggest climber this week saw Beychevlle 2006 rise 10.6% since Februaury this year trading at £575 per dozen. Chateau Latour has also been trading strongly with the 2006 exchanging at £3,350 per 12, up 8.1% since August. Asian buyers continue to hunt for large parcel deals on these wines as well as Carruades de Lafite and Petit Mouton. So please do get in touch on trading@cavex.co.uk should you have stocks to offer.

Biggest faller of the week went to Cheval Blanc 2004 trading at £2,500 (12) down 2.9% since mid-November, closely followed by Ducru Beaucaillou 2003 down 2.8% since June trading at £1,050 (12).

If you’re planning to dispose of some wine ahead of the annual January storage bill appearing, then do send through your portfolio’s now. This is the perfect time of year to clear the decks and shed the excess wines that have been racking up costs. There is no better time to sell in the wine calendar and as previously mentioned we will gladly upload the portfolio for you, ensuring to keep you abreast of trading opportunities as they arise.

With Cavex being the most cost effective way of trading wines in the UK, there is no better place to list your wines for sale at a price you deem fit comparable to market prices. Members remain in control at all times ensuring they independently retain their asset until the last possible moment when delivery or collection occurs. If you haven’t tried the service yet, get in touch on info@cavex.co.uk and we’ll be very happy to help you achieve the best exit price possible.

 

Offers
Wine Vintage Format Price Qty Last Traded Date
Ausone 1999 12 x 75 £3,300 2
Ausone 1999 6 x 75 £1,650 2
Ausone 2003 12 x 75 £6,700 1 £7,250 07/04/2014
Beychevelle 2010 12 x 75 £520 5 £500 03/12/2014
Branaire Ducru 2009 12 x 75 £425 1 £405 02/12/2014
Brunello di Montalcino Sugarille Angelo Gaja 2007 6 x 75 £430 5
Clerc Milon 2010 12 x 75 £420 1
Clinet 2009 6 x 75 £940 1 £1,100 15/05/2014
Cristal Louis Roederer 2006 6 x 75 £510 2
Duhart Milon 2009 12 x 75 £590 26 £565 10/12/2014
Haut Bailly 2009 12 x 75 £1,200 1 £1,030 10/11/2014
Haut Brion 2000 12 x 75 £4,550 1 £4,550 16/10/2014
Haut Brion 2008 12 x 75 £2,390 2 £2,390 04/12/2014
Hill of Grace Henschke 2006 3 x 75 £850 3
Lafite Rothschild 2006 12 x 75 £4,400 1 £4,380 11/12/2014
Latour 2002 12 x 75 £3,100 4 £3,100 11/12/2014
Le Pin 2005 3 x 150 £9,100 9 £9,500 10/06/2014
Les Forts de Latour 2005 12 x 75 £1,450 10 £1,340 30/10/2014
Les Forts de Latour 2009 12 x 75 £1,225 2 £1,270 01/07/2014
Malescot St Exupery 2005 12 x 75 £770 3 £760 16/01/2014
Margaux 2009 12 x 75 £5,125 5 £4,600 18/09/2014
Montrose 2009 12 x 75 £1,825 5 £1,790 25/07/2014
Mouton Rothschild 2008 6 x 150 £2,600 2 £2,800 11/12/2014
Mouton Rothschild 2009 12 x 75 £4,600 1 £4,700 11/07/2014
Pavie 2004 12 x 75 £1,550 7 £1,530 04/11/2014
Pavie Decesse 2008 12 x 75 £760 5
Pavillon Rouge 2008 6 x 75 £460 4 £460 12/12/2014
Pontet Canet 2009 12 x 75 £1,300 1 £1,320 08/12/2014
Smith Haut Lafitte Rouge 2005 12 x 75 £600 2
Sperss Angelo Gaja 2009 6 x 75 £575 1

Bids
Wine Vintage Format Price Qty Last Traded Date
Brane Cantenac 2010 12 x 75 £500 1
Carruades de Lafite 2009 12 x 75 £1,495 11 £1,470 10/11/2014
Carruades de Lafite 2011 12 x 75 £1,220 10 £1,220 19/11/2014
Corton Charlemagne Bonneau Martray 2007 6 x 150 £650 1
Corton Charlemagne Bonneau Martray 2009 12 x 75 £650 1
Cos d’Estournel 2006 12 x 75 £710 2 £720 17/09/2014
Ducru Beaucaillou 2007 12 x 75 £730 10 £750 23/12/2014
Duhart Milon 2009 12 x 75 £565 26 £565 10/12/2014
Forts de Latour 2005 12 x 75 £1,350 10 £1,340 30/10/2014
Haut Brion 2004 12 x 75 £2,320 2 £2,250 26/06/2014
Haut Brion 2007 12 x 75 £2,270 2 £2,200 29/11/2014
Lafite Rothschild 2008 12 x 75 £4,850 5 £4,950 09/09/2014
Le Petit Mouton 2009 6 x 75 £550 19 £560 10/12/2014
Le Petit Mouton 2010 6 x 75 £535 1 £530 18/11/2014
Leoville Las Cases 2000 12 x 75 £1,925 4 £1,925 26/10/2014
Leoville Las Cases 2004 12 x 75 £890 1 £890 13/11/2014
Leoville Las Cases 2008 12 x 75 £880 2 £890 09/09/2014
Leoville Poyferre 2006 12 x 75 £370 2 £360 20/06/2014
Margaux 1996 12 x 75 £3,850 1 £3,820 12/11/2014
Margaux 2009 12 x 75 £4,600 2 £4,600 18/09/2014
Montrose 2003 12 x 75 £1,410 2 £1,410 10/12/2014
Montrose 2008 12 x 75 £495 1 £500 04/12/2014
Montrose 2010 12 x 75 £1,520 1 £1,550 15/09/2014
Mouton Rothschild 2000 12 x 75 £10,800 3 £10,900 24/11/2014
Mouton Rothschild 2002 12 x 75 £2,705 2 £2,705 11/11/2014
Mouton Rothschild 2003 12 x 75 £3,100 4 £3,100 03/12/2014
Mouton Rothschild 2004 12 x 75 £2,715 2 £2,705 03/12/2014
Mouton Rothschild 2005 12 x 75 £3,365 5 £3,250 19/08/2014
Mouton Rothschild 2006 12 x 75 £2,970 10 £2,925 07/08/2014
Pichon Baron 2003 12 x 75 £850 1 £830 27/05/2014

Enjoy your week.

Daniel, Jean, Simon, Steph & Steve

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