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
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