- Château Margaux 2021 has been released at £5,100 per 12×75.
- Neal Martin gave it 94-96 points.
- The 2012 and 2017 vintages offer better value.
As part of this year’s Bordeaux En Primeur campaign, Château Margaux 2021 has been released at €420 per bottle ex-négociant, down 2.8% on the 2020’s opening price. Volumes released are 20% down on last year.
It is being offered by the international trade for £5,100 per 12×75. The 2012 and 2017 vintages look better value compared to today’s release. See more pricing analysis below.
Critics’ scores
Neal Martin (Vinous) awarded the 2021 Margaux a barrel range of 94-96 points. He described it as ‘surprisingly plush given the growing season’ and said that ‘the concentration is very impressive with no hard edges’.
Antonio Galloni (Vinous) gave it 95-97, noting that the 2021 ‘is a rich, penetrating Margaux that is going to need a lot of time’.
William Kelley (The Wine Advocate) rated it 95-97+ points. The First Growth also ranked amongst Lisa Perrotti-Brown MW’s favourite wines, achieving a score of 95-97 points.
The wine also received 97-98 points from James Suckling, 95 points from Jane Anson and 97 points from Falstaff.
Fair Value analysis
Prices for Margaux show the highest correlation (57%) to James Suckling’s scores. Liv-ex members on Silver packages or higher can explore more via the Fair Value tool.
Today’s opening price comes at around an 8.5% premium to the price implied by Liv-ex’s Fair Value methodology. Buyers looking for value might be interested in the similarly scored 2017, which is available for a 16.9% discount.
The 2012 vintage also looks more attractive. The 96-point wine offers bottle age and costs 17.6% less than today’s release.
Buyers might also consider the higher scored 2016 vintage, which comes at 15.5% premium but still offers value.
Our Bordeaux En Primeur 2021 page contains everything you need to know about this year’s campaign. You can also sign up for our daily En Primeur email alerts using the form below.
Liv-ex analysis is drawn from the world’s most comprehensive database of fine wine prices. The data reflects the real time activity of Liv-ex’s 580+ merchant members from across the globe. Together they represent the largest pool of liquidity in the world – currently £100m of bids and offers across 16,000 wines. Independent data, direct from the market.
