Since the market’s low in July 2014, the Bordeaux 500 index has gained 2.4%. All but one of its sub-indices have edged up, leaving the Sauternes 50 index out on a limb: it has continued to drift, dropping 7.2%.

The top performer has been the Left Bank 200 index, which has climbed 4.8%. This index reflects the price movements of key Bordeaux brands such as Montrose, Lynch Bages and Pichon Lalande which attract interest from traditional Bordeaux drinkers. Available in high volumes and at relatively accessible prices, they are distinct from several components of other indices such as the Right Bank 50 and Fine Wine 50 (which reflects price movements of the five First Growths).  

Gains have been made by 16 of the 20 Chateaux represented by the Left Bank 200 index. The chart below shows how individual Chateaux’ indices – representing the price movements of the 10 most recent physical vintages – have moved since July 2014. Top performers include Chateaux with vintages upgraded by Robert Parker – such as Haut Bailly 2009 and Mission Haut Brion 2005 which have both been awarded 100 points in the past year – as well popular names like Beychevelle and Lynch Bages. Only Langrange St. Julien has drifted significantly: a positive sign for the broader Bordeaux market.