Lafite 2009 trades at £6,100. Well priced Comte de Vogue and DRC on offer.

Despite some small signs of growth in respect to bidding activity on the Cavex platform this week, the trend of softening prices continues further. There were certainly a few eyebrows twitching when Lafite Rothschild 2009 traded at £6,100 per dozen for the first time. With the next best bid at £5,900, could we be seeing a sub £6k price in the coming week? The premium for Chateau Lafite is unquestionably continuing to wane at a pace.

Overall market value grew by just over 1% during the course of the week with £277,000 worth of new positions placed. Buyers are currently on the look out for good quantities of Bordeaux priced around the £350 to £750 mark for names such as Calon Segur, Clerc Milon, Duhart Milon, Grand Puy Lacoste, Pavillon Rouge and Petit Mouton across a multitude of vintages. Do get in touch at trading@cavex.co.uk if you have stock you would like to offer.

Notable trades from the last week saw a big climb for Angelus 2006 up 15% from April, trading at £1,840 per 12. Grand Puy Lacoste 2006 also had a solid 6.7% rise since January with a six case parcel matching at £320. Demand for Chateau Latour has also seen a small rise over these last few days with multiple vintage bids appearing and the 2002 trading up 2.2% to £3,300 per 12. Down 9.4% since this time last year, Mouton Rothschild 1996 suffered the biggest fall of the week trading at £3,080 per 12.

Another big name showing signs of  recent decline is Pontet Canet with the 100 pointer 2009 trading frequently from a year high of £1,490 down 5.8% to £1,385 as sellers tried to find willing buyers throughout June. With this Chateau riding the crest of a wave for the past few years as a result of thoroughly warranted scores, has the high release price of the 2013 vintage soured interest slightly? Or is it simply a case of wider market forces taking effect?

This week’s new offers have seen a wonderful private collection added with a range of Bordeaux and Burgundy greats available at incredibly good prices. Regular visitors to the Cavex platform have already picked up a few deals, but with more names introduced in the last 24 hours, there are now some very well priced DRC wines such as La Tache 2005 at £7,500 per 3 x 75 and the 2004 at £6,800 per 6 x 75. These sit alongside a nice little parcel of Hosanna with the 96 point 2000 vintage offered at £650 per 6 and the 93 point 2001 at £350 per 6. Both will be drinking perfectly now and it’s a great opportunity to pick up mature stock from such a small production Chateau. To see all new wines added this week just click the quick links below to see what’s worth bidding for.

Hot Offers
Wine Vintage Format Price Contract Qty Last Traded £ Date
Ausone 2008 12 x 75 £3,800 A 3 £4,400 17/01/14
Bonnes Mares Comte Vogue 2008 12 x 75 £2,000 A 1 - -
Cote Rotie Landonne Guigal 2005 12 x 75 £3,975 A 1  - -
Cote Rotie Landonne Guigal 2009 6 x 75 £1,900 A 1 £1,820 09/05/14
Domaine de L’Eglise 2009 12 x 75 £250 A 2  - -
Grands Echezeaux DRC 2004 6 x 75 £3,300 A 1 £3,100 08/04/14
Gruaud Larose 2005 12 x 75 £450 A 2  - -
Haut Brion 2004 12 x 75 £2,350 A 2 £2,300 11/06/14
Hosanna 2000 6 x 75 £650 A 1  - -
La Mission Haut Brion 1998 12 x 75 £2,400 C 2  - -
Lafite Rothschild 2005 12 x 75 £6,200 A 2 £6,200 06/05/14
Latour 1996 12 x 75 £4,745 C 3 £4,650 13/06/14
Latour 2003 12 x 75 £6,100 A 1 £6,200 02/05/14
Le Pin 2005 3 x 150 £9,500 A 9 £9,500 10/06/14
Les Forts de Latour 2008 12 x 75 £1,200 A 10 £1,195 11/06/14
Margaux 2008 12 x 75 £2,580 A 1 £2,610 13/06/14
Musigny Comte Vogue 2009 6 x 75 £2,750 A 1  - -
Musigny Comte Vogue 2010 3 x 75 £1,350 A 1  - -
Pavie 2004 12 x 75 £1,600 A 8 £1,480 16/01/14
Richebourg DRC 2004 3 x 75 £1,950 A 1 £1,800 21/03/14
Tache DRC 2004 6 x 75 £6,800 A 1 £6,600 11/02/14
Tache DRC 2005 3 x 75 £7,500 A 1 - -
The Dead Arm Shiraz D’Arenberg 2005 6 x 75 £175 A 5  - -
Yquem 2001 12 x 75 £3,950 A 1 £3,700 07/04/14

Hot Bids
Wine Vintage Format Price Contract Qty Last Traded £ Date
Cote Rotie Landonne Guigal 2009 3 x 75 £910 A 1 £910 09/05/14
Ducru Beaucaillou 2007 12 x 75 £730 A 10 £750 24/12/13
Ducru Beaucaillou 2008 12 x 75 £720 A 5 £750 18/04/14
Duhart Milon 2009 12 x 75 £485 A 5 £525 11/06/14
Haut Brion 2003 12 x 75 £2,350 A 2 £2,300 10/06/14
La Chapelle de la Mission Haut Brion 2007 12 x 75 £400 A 2  - -
Lafite Rothschild 2002 12 x 75 £4,800 A 5 £5,025 28/04/14
Lafite Rothschild 2008 12 x 75 £4,800 A 1 £4,920 06/06/14
Lafleur 2004 6 x 75 £1,110 A 5 - -
Latour 2002 12 x 75 £3,230 A 2 £3,300 17/06/14
Leoville Poyferre 2007 12 x 75 £365 A 28 £365 14/02/14
Les Forts de Latour 2001 12 x 75 £1,400 A 1 -  -
Lynch Bages 2009 12 x 75 £945 A 1 £975 25/02/14
Montrose 2000 12 x 75 £1,015 A 5 £1,070 04/06/14
Mouton Rothschild 2000 12 x 75 £10,130 A 2 £10,300 19/06/14
Mouton Rothschild 2001 12 x 75 £2,760 A 1 £2,760 28/03/14
Mouton Rothschild 2005 12 x 75 £3,400 A 1 £3,600 22/04/14
Pavie 2009 12 x 75 £2,400 A 2 £2,450 09/04/14
Pavillon Rouge 2000 12 x 75 £1,370 A 4 £1,340 04/08/14
Pontet Canet 2006 12 x 75 £575 A 1 £595 03/03/14
Pontet Canet 2008 12 x 75 £550 A 1 £560 24/04/14
Vieux Chateau Certan 2004 12 x 75 £745 A 5 £760 06/12/14

Enjoy your weekend


Steve, Daniel, Simon and Jean

The Nose
New Office
14.07.2016

Continuing with Cavex’s exciting expansion plan in 2016, we would like to announce that we have just moved office. We are still located in our hometown of Henley on Thames. However, our new location affords us more scope for future development as we grow our company. 33 Hart Street, 1st Floor Office, Henley-On-Thames, Oxfordshire, RG9 [...]

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New team member
13.06.2016

As part of Cavex’s current expansion plans we are delighted to announce that Will Buckland will be joining the team today, as head of sales. Will brings a wealth of sales experience from his time at Planet of the Grapes and, most recently, Vindemia.

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