After the volatility and collapse of pu’er tea prices in 2007 [CNY 20 per kg or ~US$2.60 per kg], prices of the Yunnan tea were relatively stable for five years. Since 2013, however, the price of the famous tea has begun to creep up, with some of the older varieties having almost doubled in value, according to a report from national broadcaster CCTV’s finance channel…Full Article: WantChinaTimes Apr 2014

Key Points

  • According to a local tea company owner, prices for Mao Cha (“Rough Tea”) pu’er prices from Laobanzhang increased from CNY 600 (US$96) per kg in 2009, to CNY 2,000-3,000 (US$320-480) per kg in 2012, and finally to CNY 4,000-5,000 (US$640-720) per kg in 2013
  • According to another tea company owner, approximately 30,000 MTs of pu’er tea (only ~300 MTs from old tea trees) is produced annually in China

ChinaAg Comments

  • Pu’er tea production primarily takes places in the southern regions of Pu’er, Lincang, and Xishuangbanna, in Yunnan province. The tea is processed and packaged into various shapes (e.g. cake, brick, etc.) in order to ease storing and transportation.

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