En Primeur dead? Miracle Vintage? Best Italian stocks in UK on offer

The market has overall been remarkably mixed this week. In the news, Robert Parker hit the headlines stating that  En Primeur was largely dead. The response from one Bordeaux Chateau, Pichon Lalande, was to declare that 2014 is a great vintage “the makings of a miracle”. Make your own assumptions from these articles on the links provided.

Trades through the week were equally mixed with Bordeaux 2005’s trading strongly whilst other stellar vintage/iconic wines which performed well over the past year slid somewhat against previous trading data.

Trade highlights of the week:

  • Biggest Climber – Branaire Ducru 2005 £550 +22.2% since 04/10/14
  • Flor de Pingus 2010 £550 +14.6% since 19/03/14
  • Montrose 2005 £930 +8.14% since 21/01/15
  • Biggest Faller – Yquem 2001 £1700 (12 x 37.5) -12.8% since 19/02/14
  • Pavie 2009 £2200 – 10.2% since 09/06/14
  • Mouton 2008 £1400 (6 x 75) – 3.4% since 06/01/15

Trading declined slightly during the same period with overall positions falling by 1.25% to £5.81 million. Offers grew by 2.7%, whilst bidders feeling a little less buoyant dropped activity by 3.12%. The result took the bid to offer ratio on the exchange to 2.02:1, the lowest since October 2014.

Notably on the Cavex exchange, although we witnessed a decline in bidding activity, interest was heightened for Italian wines. Therefore in this week’s hot offers we have highlighted a great selection of Italian wines all at best UK market prices and immediately available.

Members continue to look for significant quantities of Leoville Barton, Lynch Bages alongside good to market bids for First Growths Haut Brion and Lafite. If you are a holder of these stocks and are interested in offering them for sale, do get in touch on trading@cavex.co.uk

Hot Offers
Wine Vintage Format Price Contract Qty Last Traded Date
Calon Segur 2009 12 x 75 £595 A 1 £580 28/07/14
Clos Fourtet 2009 12 x 75 £1,900 A 2 £1,990 31/01/15
Gruaud Larose 2000 12 x 75 £840 A 1 £825 25/11/14
Lafleur 1998 6 x 75 £1,530 C 2 1470 12/03/15
M de Minuty Rose Chateau Minuty 2013 6 x 75 £30 A 30
Margaux 2006 6 x 75 £1,365 A 1 £1,340 07/01/14
Ornellaia 2002 6 x 75 £550 A 2
Ornellaia 2007 6 x 75 £575 A 2
Palmer 2002 12 x 75 £1,100 A 1 £1,075 10/09/14
Percarlo IGT San Giusto 2008 6 x 75 £225 A 2
Petrus 1994 6 x 75 £6,750 C 1
Pichon Longueville Baron 2000 12 x 75 £1,450 A 1 £1,460 25/02/15
Redigaffi Tua Rita 2010 1 x 150 £150 A 14
Romanee St Vivant DRC 1999 6 x 75 £6,500 C 1
Sassicaia 2004 6 x 75 £725 A 6 £690 13/10/14
Sassicaia 2009 6 x 75 £475 A 11 £500 23/04/14
Tignanello IGT Antinori 2008 6 x 75 £280 A 2
Hot Bids
Wine Vintage Format Price Contract Qty Last Traded Date
Clerc Milon 2008 12 x 75 £390 A 23 £380 04/04/15
Domaine de Chevalier 2009 12 x 75 £450 A 6
Duhart Milon 2009 12 x 75 £565 A 16 £575 09/03/15
Haut Brion 2000 12 x 75 £4,700 A 1 £4,550 20/01/15
Haut Brion 2001 12 x 75 £2,350 A 1 £2,375 12/12/14
Haut Brion 2004 12 x 75 £2,315 A 1 £2,390 17/12/14
Haut Brion 2008 12 x 75 £2,340 A 1 £2,365 10/01/15
Lafite Rothschild 2000 12 x 75 £10,360 A 1 £10,350 08/01/15
Lafite Rothschild 2002 12 x 75 £4,400 A 1 £4,500 28/01/15
Lafite Rothschild 2005 12 x 75 £6,000 A 1 £5,550 25/09/15
Latour 2008 12 x 75 £3,200 A 2 £3,250 09/01/15
Le Petit Mouton 2009 12 x 75 £1,110 A 10 £1,140 23/01/15
Leoville Barton 2007 12 x 75 £380 A 10 £380 24/12/14
Lynch Bages 2006 12 x 75 £780 A 12 £780 14/01/15
Lynch Bages 2007 12 x 75 £730 A 26 £735 20/01/15
Lynch Bages 2008 12 x 75 £740 A 30 £760 09/03/15
Montrose 2010 12 x 75 £1,505 A 1 £1,500 29/09/15
Pontet Canet 2009 12 x 75 £1,330 A 1 £1,350 09/02/15
Pontet Canet 2010 12 x 75 £1,250 A 3 £1,250 19/02/15
Vieux Chateau Certan 2005 12 x 75 £1,350 A 5

Enjoy your weekend.

Daniel, Jean, Simon, Steph & Steve

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 […]

Read more

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 […]

Read more