There are more and more signs that the recent, steep fall in prices is starting to halt. Whilst volume of trade in especially October was low, we see that more and more buyers are bargain hunting at the new prices levels. Where 2 weeks ago stock was being offered cheaply without finding a buyer, we now see more and more of the same stock being snapped up and even slightly increasing in price again. There's an interesting article on this in Decanter, with views from various people in the trade.
Prices seem to bottom out
Ditton Wine & Spirits buy and sell fine wine.
The finest wine, at the very lowest prices. For drinking & investment; for both Private and Trade customers.
Ditton Wine & Spirits are exactly that, wine traders. Since 2004, we have bought & sold fine wine on a daily basis, at fair and competitive prices.
The prices you see on the website are the prices you pay – with no hidden extras. The advice is free here too. We do everything possible to make sure we keep our costs down. There is no shop – we use the phone and email. We don’t employ a lot of staff and we don’t have a swanky London office.
As a result, we are able to operate on a much lower margin than many of our competitors. Our ever increasing network of negociants, distributors, wholesalers, retailers and private stock-holders means we will frequently bring you ‘impossible to match’ deals. We specialize in the best wine from Bordeaux, as well as a fast growing list of the most sought after wines from Burgundy, Champagne and Italy.