Ten years on: Left Bank 2007

As part of a series on Bordeaux 2007 ten years on, Liv-ex has examined the price variations of wines from the Left Bank 200 index, which tracks the price movements of 20 major Left Bank Chateaux.

The chart below shows how the wines’ current Market Prices compare to their highs, lows and En Primeur release prices. The majority are either currently at their highest ever levels or within 8% of it. Four – Palmer, Leoville Las Cases, Cos d’Estournel and Grand Puy Lacoste – are at peak.

Duhart Milon 2007 holds a number of records. It rose the most from release to peak (389.4%), has fallen the most since (42.6%) and yet is currently second furthest (180.9%) above its release price. Part of the Lafite stable, it might look more at home with the Second Wines which have performed in a similar way.

Beychevelle – another wine with a strong brand following in China – has risen the most since release, up 239.8%.

Only Mission Haut Brion and Pape Clement are available at discounts to their release prices, having fallen 25.6% and 6.0% respectively.

Not only have the wines performed strongly in terms of price, but there are signs from critics that they are also showing (surprisingly) well ten years on. In Decanter today, Jane Anson wrote that “the Cabernet Sauvignons did well when they were able to fully ripen, and there are many classic, even luscious, drinking clarets on the Left Bank”.

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