Quotations list for Great Bordeaux Wines : |
Chinese Translation : 波尔多名酒行情表
09/03/10

INTERNET : In the absence of a stock exchange for great wines, some brokers are launching their own websites. The Lévêque family is one example.
“What is the current market price for Château Haut Marbuzet 2001 or Talbot 2006?” Or, “Where can I find them, and in what quantites?” An importer in Boston, a distributor in Beijing, or a Parisian wine retailer would all be hard put to find the answers to these simple questions. The reason is this : the great Bordeaux wines market (like other wine markets) is very fragmented, and there is no central ’stock exchange’ where offer and demand could meet and consequently define an accessible official quotation list. Following the example of quoted prices of wheat or oil, which, contrary to bottled wines, are both raw materials.
Bordeaux broker François Lévêque has developed an innovative website whose aim is both to clarify the fine wines market and to create its own niche in this competitive field.
“Visitors to the website will find prices for 250 of the most prestigious Bordeaux estate wines, spanning over several recent and older vintages. We carry a total of over 4,700 references,” explains Caroline Lévêque, who, as François’ daughter, represents the fifth generation of the family taking up the challenge in the wine brokerage business.
Let’s remember that a broker (and there are around one hundred of them in Bordeaux) is an intermediary between producers and merchants for wine transactions. He or she is paid on a commission basis of 2% which is paid by the merchant.
François Lévêque’s company website is the result of a year’s computing research in partnership with Mellitis, a software and web management company based in Gironde. The family brokerage business has thus joined a handful of other brokers who use similar resources (Balaresque, Tastet & Lawton…).
Access restricted to professionals only :
Based on data supplied by the wineries and a hundred merchant companies specialised in fine wines, this new website, which is restricted to professionals only via an access code, This website provides its clients with a detailed offer of any wines on the ‘Bordeaux’ market at a given moment, the current price range and the quantities available. This is essential information when comparing and purchasing. “Our clients can also compare our data with that of the Winedecider.com website as we have an agreement with them which enables us to know the price of wines once they reach the end consumer, in France and abroad.(1). This information comes mainly from commercial websites,” adds François Lévêque, who has been a broker for twenty-seven years. Fine wines represent 85% of his business.
Of course, the release prices of wines sold on the ‘futures market’ (en primeur) are catalogued vintage after vintage to make it easier to compare the future prices with deliverable wine prices several years on. “Did I get a good bargain when I bought such-and-such château ‘en primeur’ in such-and-such year?” The response is immediate with, into the
bargain, a graph showing price changes. What wine enthusiast wouldn’t dream of this type of information, which is only partially available today by way of auction sales, where buying fine wines has become a speculative business, playing the market rather than simply buying them for the pleasure of drinking them.
“In our ‘fragmented’ profession, thorough specialist knowledge of the markets is an integral part of our business,” explains François Lévêque. Beyond the futures sales season (April- July), there is an all-year-round deliverable sales market.
(1) : www.winedecider.com and www.winesearcher.com are two benchmark price comparing websites accessible to the general public.
PHOTO : (S.Lartigue) : Broker François Lévêque and his daughter Caroline.
Author:César Compadre
Photo:DR SO

- Translated by : Maxine.Colas TripAdvisor
Copyrigth 2009 - © -Bordeaux Wine News-All Rights Reserved.





Dominique BESSINEAU, owner of Château Côte Montpezat in Belvès-de-Castillon (appellation Castillon Côtes-de-Bordeaux) :




















