Each Mouton and Margaux 2021 have been launched en primeur at €420 per bottle ex-Bordeaux, down 2.8% on the 2020-vintage debut final yr, in keeping with Liv-ex, a worldwide market for the commerce.
Whereas the market dynamics range between these two First Growths, their 2021 grands vins have been being offered en primeur as the most cost effective of the final 4 vintages – beneath present costs on 2018, 2019 and 2020.
Retailers have been providing Mouton 2021 and Margaux 2021 at £5,100 (12x75cl in bond).
Preliminary indicators urged there was purchaser curiosity in each, even when the Bordeaux 2021 en primeur marketing campaign as a complete has been blended to date.
Decanter’s Georgie Hindle rated Margaux 2021 97 factors, placing it amongst her highest-scoring reds of a difficult classic. ’Undoubtedly some of the thrilling and charming wines of the classic,’ she wrote.
Analyst group Wine Lister mentioned Château Margaux’s sturdy enchantment and the relative low cost versus the earlier two vintages is likely to be sufficient to tempt consumers.
‘Each the 2020 and 2019 vintages have seen their value rise considerably post-release (15% and 57% respectively),’ Lister mentioned.
Its evaluation was comparable for Mouton 2021, which was launched a day earlier on Monday (13 June). It mentioned the value was ‘wise’, coming in additional than 10% beneath present costs on 2020 and 2019, in addition to down on 2018, 2016 and 2015.
Hindle gave Mouton Rothschild 2021 96 factors. ‘This has such a way of quiet confidence – it’s not shouting a lot however gently displaying off its many layers of fruit, acidity, minerality and freshness,’ she wrote.
Matthew O’Connell, CEO of the LiveTrade platform at UK-based service provider Bordeaux Index, informed Decanter that Mouton 2021 was ‘extra marginally-priced than Lafite [released last week], for instance, however has attracted some demand as being cheaper than latest stronger vintages’.
Farr Vintners was reporting low shares of Mouton 2021 left on its en primeur presents web page.
O’Connell mentioned Margaux 2021 had acquired ‘some, although not outsized, demand from collectors’, and famous the property’s ‘notably sturdy run quality-wise lately, which is useful’.
Château Cos d’Estournel 2021, in the meantime, ‘was extremely priced in comparison with comparable again vintages and has seen fairly a muted response from consumers’, O’Connell mentioned.
Cos d’Estournel was launched en primeur at €144 per bottle ex-Bordeaux, down 4% on final yr’s opening value, Liv-ex information confirmed. It was provided at £1,716 (12x75cl in bond).
Wine Lister famous the value for the St-Estèphe property was barely beneath the 2020 classic however round 8% greater than remaining shares of the in-bottle 2019.
Hindle rated Cos d’Estournel 2021 at 95 factors, praising its magnificence and refinement. ‘Charming and energetic, that is subtle with a minty, recent, high-toned fruit profile that’s poised and focussed, delivering every component in a straight line proper now.’
There was a rush of releases in latest days, as famous in our article final week following the launch of Ausone, Canon and Pichon Comtesse.
Château Haut-Bailly 2021, additionally rated 95 factors by Hindle, was one other prime identify out this morning (14 June). It was launched €96 per bottle ex-Bordeaux, degree with final yr, and provided by retailers at £1,152 (12x75cl in bond).
Liv-ex mentioned volumes launched have been down 60% versus final yr, as a result of hostile climate within the 2021 rising season.
Haut-Bailly 2021 is the primary classic from the property’s new cellars and Decanter’s Hindle praised the wine’s magnificence. ‘[It’s] Very a lot within the fashion of the classic with no harshness or overt opulence however as a substitute provides a pure sense of classicism, restraint and refinement,’ she wrote.
For anybody taking a look at back-vintages, Liv-ex urged Haut-Bailly 2019 and 2014 might be value contemplating, each cheaper than the 2021, in keeping with its information.
