Pichon Lalande – leading the Left Bank

Last week, we took a look at the performance of the Bordeaux 500 sub-indices in the past year, and its leading constituent brands. Pichon Lalande was the biggest riser from the Left Bank, up 7.6% since July 2018.

The Super Second, which was also placed in the second tier of the Liv-ex Classification 2019, has outperformed its parental index, the Left Bank 200, by quite some margin. So far this year, it has risen 6.7% compared to 1% gains for the broadest measure of the Left Bank.

The 2009 Pichon Lalande, which Lisa Perrotti-Brown MW recently awarded 97+ points upgrading its Wine Advocate score, has been the biggest mover over one year, up 15%. The 2016, boasting 100 points from both Jeb Dunnuck and Antonio Galloni (Vinous), has also appreciated in value (+11%).

At the same time, the 2013 has been the biggest faller (-16%), while also being among the cheapest Pichon Lalande vintages (£890 per 12×75) currently available on the market. The wine, a 100% Cabernet Sauvignon, is a historic first and a rarity in terms of the final blend. Production was tiny: yields were low at 13 hectoliters per hectare and only 33% of the crop was used for the blend. The vintage itself was challenging across Bordeaux, which has further impacted its price.

Currently only the 2014 commands a slightly lower price of £880, having seen prices flatten in the past year.

On Tuesday, Neal Martin also provided an alternative view on Pichon Lalande following a personalised one-off tasting in Bordeaux with its estate director Nicolas Glumineau. In the conversation, they discuss the collision between fine wine and alternative rock, the Cure, and the parallels between their lives that lead them to work in the wine industry. You can read Martin’s article “Two Imaginary Boys: Pichon-Lalande” for Vinous here.

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