Since the St Emilion upgrade last September we have watched prices rise for Pavie. Back in August last year the average market price for its 2000-2009 vintages was around £1,700 – it is now around £2,100.
This may be why buyers are turning to the 2011 vintage (LWIN 1013850). As shown below, Pavie 2011 last traded on Liv-ex for £1,188 per 12x75 – a good deal more affordable than the other vintages. It is the only recent Pavie vintage available at under £100 a bottle.
So far in March Pavie has accounted for nearly 7% of all Bordeaux trade by value, vastly boosted by trades for the 2011. It may be a young wine, but in-barrel scores from most critics suggest the quality of the 2011 is similar to the 2004 and 2008, which are far more expensive.
For those who are members of the exchange, we currently have 21 live markets for Pavie (vintages 2000-2011), in multiple sizes.