Cavex Update & Offer Highlights

Another interesting week completed with the sign off culminating in the release of Robert Parker’s Bordeaux 2012 scores. Time will tell if this will have an affect on pricing decisions being made across the channel. Angelus and Pavie 2012 bucked the general trend of lower prices by increasing their prices in response to recent re-classification, but it appears not many cases have been sold on the back of this. Will the remaining Chateaux take note and will consumers see the prices they want to see in the coming weeks? We’ll keep you posted on that.

It has been another busy week for Cavex and we are very pleased with all our new member registrations and would like to again welcome and thank friends old and new. The bids and offers continue to grow steadily, but this week we have been overwhelmed with the support coming in terms of portfolios being loaded to the free management system. We cant thank you enough for using this application.

Current statistics for the week:

  • Total value of member portfolios – £8.5 million
  • Total value of current live offers – £700,000 with 923 cases for sale
  • Total value of live bids – £220,000 with 220 cases looking to be purchased
  • Average price of a case sold – £1460 IB (12 x 75cl)

 

Stock Offer Highlights

Our highlights this week are from the current live offers on the platform. Remember that these prices include In Bond delivery to a UK bonded warehouse or can be collected for export directly and can be bid against at any time. These items are our top picks and are priced very well in the market if not the best price available.

Wine Format Contract Price Qty Min. Qty
 Armailhac  2008 6 x 150 A £290 2 1
 Barbaresco Angelo Gaja 2004 12 x 75 A £1,145 1 1
 Barolo Pio Cesare 2004 6 x 75 A £240 1 1
 Bin 707 Cabernet Sauvignon Penfolds 2009 6 x 75 A £995 4 1
 Bon Pasteur  2005 12 x 75 A £540 2 1
 Brunello di Montalcino Fuligni 2004 12 x 75 A £400 1 1
 Cos d’Estournel  2000 12 x 75 A £1,145 1 1
 Cos d’Estournel  2003 12 x 75 A £1,480 1 1
 Dominus Christian Moueix 2003 6 x 75 A £400 2 1
 Ermitage Pavillon Chapoutier 2009 6 x 75 A £1,300 2 1
 Grand Puy Lacoste  2006 6 x 75 A £185 2 2
 Grand Puy Lacoste  2006 12 x 75 A £370 16 5
 Gruaud Larose  1996 6 x 150 C £700 1 1
 Haut Brion  2000 3 x 150 A £3,190 1 1
 La Conseillante  2009 12 x 75 A £1,275 1 1
 Latour  2000 12 x 75 A £8,650 1 1
 Laville Haut Brion Blanc  2002 6 x 75 A £480 1 1
 Le Gay  2008 12 x 75 A £850 4 1
 Leoville Barton  1996 12 x 75 C £750 1 1
 Leoville Barton  1996 12 x 75 C £750 1 1
 Leoville Las Cases  2000 12 x 75 A £2,100 1 1
 Leoville Las Cases  2005 12 x 75 A £1,825 1 1
 Leoville Las Cases  2006 12 x 75 A £1,160 3 1
 Leoville Poyferre  2009 6 x 75 A £800 2 2
 Lynch Bages  1996 12 x 75 C £1,150 1 1
 Lynch Bages  2006 6 x 75 A £395 1 1
 Masseto Tenuta dell’Ornellaia 2008 3 x 75 A £1,000 2 1
 Mouton Rothschild  1996 12 x 75 C £3,300 1 1
 Mouton Rothschild  2001 12 x 75 A £2,950 5 1
 Opus One Mondavi 1999 6 x 75 C £825 1 1
 Pichon Longueville Comtesse de Lalande  2000 12 x 75 A £1,650 1 1
 Sassicaia Tenuta San Guido 2003 12 x 75 A £1,135 1 1
 Solaia IGT Antinori 2000 6 x 75 A £600 2 1
 Yquem  2004 12 x 37.5 A £745 2 2
 Yquem  2004 12 x 75 A £1,490 1 1
 Yquem  2007 12 x 37.5 A £1,320 4 1

 

A reminder that you can also join in the discussion group on current market news and trends on our LinkedIn page here

If your trading privileges have not yet been activated, please contact us on + 44 (0) 1491 576 300 or info@cavex.co.uk.

Thank you for your continued support.

Best wishes

The Cavex Team

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

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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.

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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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