We hope all our Members had an enjoyable Christmas and New Year and would like to wish you all the very best for 2014.

There has been a vast amount of movement over the festive period with many members taking stock of their portfolios and positions at the end of the year. The bidders have started off 2014 in far greater style than the sellers with £369,000 worth of new bids placed since our last weekly update, an increase of 15%.

The sellers have placed £155,000 worth of new positions taking our total live positions to just shy of £3.5 million, spread over 3,173 cases giving us a very pleasing start to 2014 and a sound platform to grow from over the coming year.

The trade highlights over the past 3 weeks have been varied, but the Bordeaux left bank has certainly taken top position with trades such as Lafite 2009 at £6600, Latour 1996 at £2550 (6), Lynch Bages 2008 at £355 (6) and Mouton Rothschild 2009 at £5,000 to name a few. We have also seen Petrus 2005 trade at £11,900 (6).

DRC wines have also seen active movement through Cavex with trades for Echezeaux 2007 at £1400 (3), Romanee St Vivant 2000 at £3850 (6), 2005 at £3600 (3) and the 2007 at £1550 (3). We also saw a brace of Giacomo Conterno’s Barolo Monfortino 2005 and 2006 trade at £1550 (6) and £1800 (6) respectively.

The hot stocks this week highlight some very keenly priced wines. So much so that quite a few have been trading whilst this update was being penned. Be sure to take a look on the two document links below that highlight all the new positions in full, as the hot bids and offer highlights are only a small snapshot of what has been added over the past 2 to 3 weeks.

This month we are on the look out for Champagne stocks, so if you have cases stored IB that you are looking to sell please do get in touch, as we have some keen buyers looking for good vintages from 1990 onwards. Please email trading@cavex.co.uk if you do have stock to offer, or have a portfolio you would like to submit for listing.

Seen a bid or offer that you are interested in but yet to have your trading privileges approved? Then please get in touch by calling us on +44 (0) 1491 576 300 so that we may get you activated straight away.

If you are in a position to offer stocks for sale, please do email us at trading@cavex.co.uk With commissions of just 3%, we are helping many private collectors sell through their portfolios with average payments made in 17 days from being matched. Do not hesitate, therefore to give us a call to see how we can help you maximise your returns.

We look forward to hearing from you.