In programming languages, existential quantification is useful for describing relationships among members of a structured type. For example, we may have a list in which there exists some mutual exclusion lock l in each list element such that l protects the data stored in that element. With this information, a static analysis can reason about the relationship between locks and locations in the list even when the precise identity of the lock and/or location is unknown. To facilitate the construction of such static analyses, this paper presents a context-sensitive label flow analysis algorithm with support for existential quantification. Label flow analysis is a core part of many static analysis systems. Following Rehof et al, we use context-free language (CFL) reachability to develop an efficient O(n^3) label flow inference algorithm. We prove the algorithm sound by reducing its derivations to those in a system based on polymorphically-constrained types, in the style of Mossin. We have implemented a variant our analysis as part of a data race detection tool for C programs.