The past week has seen activity slightly decline on the Cavex platform as Asia celebrated the Chinese New Year holiday. A noticeable reduction in bidding activity at the start of the week turned into a spike over the last 48 hours as traders started returning.
Total bids have declined by £170,000 over the period, albeit new positions of £100,000 added in the last 24 hours alone. Signs perhaps that the cellars need restocking after the celebrations. Interestingly we have seen quite a few bids appearing for less stellar vintages of Chateau Lafite Rothschild recently. Have prices hit a level where buyers are perceiving value again?
The offers have grown slightly this week with 111 new cases added for sale and we have picked the usual hot stocks that we think are well priced in the market to move.
Highlights of this week’s trading came in the form of DRC Tache 2007 at £3,500 (3) and the 2008 at £3,600 (3). A rare case of Domaine Leflaive Batard Montrachet 2010 3 x 150cl at £1,750 and a continued flurry of Bordeaux First Growths with Lafite 2007 at £5,200; Latour 2006 at £3,600; Margaux 2004 at £2,400. Palmer 2005 also traded at the very reasonable price of £1,775.
|DRC Tache||2007||6 x 75||1||£7,200||£7,000||01-Feb|
|DRC Tache||2008||6 x 75||1||£7,200||£7,200||06-Feb|
|Forts de Latour||2009||12 x 75||10||£1,320||£1,350||14-Nov|
|Grand Puy Lacoste||2006||12 x 75||9||£300||£300||02-Jan|
|Guigal Cote Rotie Mouline||2009||3 x 75||1||£900||£900||12-Dec|
|Haut Brion||2000||3 x 150||1||£2,750||£2,500||03-Dec|
|Haut Brion||2004||12 x 75||1||£2,450||£2,400||28-Nov|
|Lafite Rothschild||2003||12 x 75||1||£6,650||£6,650||29-Jan|
|Lafite Rothschild||2006||12 x 75||2||£5,100||£5,100||23-Jan|
|Lafite Rothschild||2008||6 x 75||1||£2,800||£2,650||07-Jan|
|Montrose||2003||12 x 75||10||£1,440||£1,400||04-Dec|
|Montrose||2010||12 x 75||2||£1,350||£1,350||28-Jan|
|Mouton Rothschild||2000||12 x 75||4||£9,710||£9,680||14-Jan|
|Mouton Rothschild||2001||12 x 75||1||£2,760||£2,760||13-May|
|Mouton Rothschild||2004||12 x 75||1||£2,850||£2,825||30-Jan|
|Palmer||2004||12 x 75||5||£1,130||£1,150||05-Sep|
|Pavillon Rouge||2006||12 x 75||5||£900||£910||06-Sep|
|Tenuta dell’Ornellaia Ornellaia||2004||6 x 75||1||£750||£750||10-Dec|
|Troplong Mondot||2005||12 x 75||2||£1,500||£1,500||02-May|
|Duhart Milon||2010||12 x 75||1||£600||£600||04-Feb|
|Forts de Latour||2010||12 x 75||3||£1,550||£1,630||23-Sep|
|La Chapelle de la Mission Haut Brion||2009||12 x 75||5||£400||–||–|
|La Mission Haut Brion||2005||12 x 75||2||£3,250||£3,300||15-Sep|
|La Mission Haut Brion||2006||12 x 75||2||£1,440||£1,440||15-Jan|
|Lafite Rothschild||2004||6 x 75||1||£2,600||£2,575||30-Jan|
|Latour||2002||12 x 75||1||£3,700||£3,780||24-Jan|
|Le Petit Mouton||2007||6 x 75||1||£560||£560||11-Sep|
|Mouton Rothschild||2005||12 x 75||2||£3,900||£4,080||04-Oct|
|Mouton Rothschild||2006||12 x 75||1||£3,400||£3,400||30-Jan|
|Palmer||2005||12 x 75||1||£1,775||£1,820||10-Jan|
|Pavie||2009||12 x 75||4||£2,500||£2,600||21-Jun|
|Pichon Baron||2003||12 x 75||1||£940||£940||15-Jun|
|Pontet Canet||2009||6 x 75||1||£750||£750||06-Dec|
|Pontet Canet||2010||6 x 75||1||£700||£695||04-Feb|
We are still looking out for large cellar collections on behalf of some of our new members. If you have significant holdings of Bordeaux, Burgundy, Champagne, Italian, Rhone and USA wines, and you would like to move these easily in batch parcels, then do get in touch. Please email us at email@example.com with your portfolio listing and we would be happy to assist where possible.
Steve, Daniel, Simon & Jean
CaveX Cru is our newly launched service offering members of CaveX the opportunity to buy exclusive parcels of affordable fine wines for everyday drinking.
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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 […]