Another fantastic milestone has been reached this week at Cavex with live positions now surpassing £2.1 million. With more sellers seemingly having taken holiday in August than buyers, there has only been a small increase of 1.5% in offers to 1591 cases. However buyers are out in force with an increase of 28% illustrated by the number of cases for purchase now up to 748 cases.
We anticipate greater demand from our Asian clients as we approach the mid-Autumn festival and begin building consolidation shipments for the cooler months. We are receiving many requests for stock from our buyers in Asia so should you have a portfolio yet to be uploaded to your Cavex account feel free to submit your cellar spreadsheets by emailing email@example.com . We will happily load this onto your account and with over £16 million now under portfolio management, we are well placed to keep your informed of where opportunities lie.
Highlights on the Cavex platform this week include:
- New Bid – Latour 1996 12 x 75cl at £5700 IB x 1 case
- New Bid – Cos d’Estournel 2007 at £630 IB x 20 cases
- New Bid – Grand Puy Lacoste 2006 at £320 IB x 16 cases
- New Bid – Pichon Lalande 2003 at £980 IB x 7 cases
- New Offer – Benjamin Romeo Contador 2010 6 x 75cl at £640 IB x 10 cases
- New Offer – Tertre Roteboeuf 2007 6 x 75cl at £360 IB x 10 cases
- New Offer – Le Musigny JF Mugnier 2010 6 x 75cl at £5,745 IB x 1 case
- Updated Offer – Duhart Milon 2009 12 x 75cl at £690 IB x 18 cases
If you haven’t registered with us yet, it’s a very simple 2 step process to get started and all you need is a bonded storage account in the UK. Best of all it’s free! So why not get started today by clicking here .
We are constantly on the look out for new and exciting cellars and with many members looking to buy at good market prices why not send through your collection. You can send information to us at firstname.lastname@example.org at any time and we will act on your behalf to find the right buyers.
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.
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.
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 […]
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 […]