Puerh bubble Market

One of the intentionally aged teas, Pu-Erh has a loyal following.

Puerh bubble Market

Postby hop_goblin » Jan 12th, '09, 22:29

Did the Pu-erh bubble burst? GOD I HOPE SO!

http://www.iht.com/articles/2009/01/09/asia/tea.php

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Postby Salsero » Jan 12th, '09, 23:29

I hope so too. I was never much of a bubble tea fan anyway!

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Postby tony shlongini » Jan 13th, '09, 01:05

In mid-2007 the finest aged Pu'er changed hands for $150 a pound, or $330 a kilogram. Now it can be had for a tenth that price.


Could someone please tell me where? :lol:

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Postby edkrueger » Jan 13th, '09, 01:07

Wow, 15 dollars for a pound of the finest aged pu-erh? It seems like the writer has no clue.

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Postby hop_goblin » Jan 13th, '09, 05:20

edkrueger wrote:Wow, 15 dollars for a pound of the finest aged pu-erh? It seems like the writer has no clue.



HeHe, I know, that was one figure that sort of made me go :shock:. But for the most part, I don't think it detracts much from the article. I have noticed prices going down. Yeah!!

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Postby Cinnabar Red » Jan 13th, '09, 13:32

With the world's economic woes, there will probably be more downward pressure on the price. Of course the same pressure will affect some of our disposable income. But isn't pu erh a necessity, like air or water.... ?

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Postby hop_goblin » Jan 13th, '09, 13:37

Cinnabar Red wrote:With the world's economic woes, there will probably be more downward pressure on the price. Of course the same pressure will affect some of our disposable income. But isn't pu erh a necessity, like air or water.... ?


Indeed!

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Postby tony shlongini » Jan 13th, '09, 14:33

Cinnabar Red wrote:But isn't pu erh a necessity, like air or water.... ?


Even moreso.

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Postby odarwin » Jan 13th, '09, 21:19

so anyone notice prices drop on line?

-darwin

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Postby nada » Jan 14th, '09, 00:19

I think the price drop is happening with the new teas. I'm not sure what the farmers are currently selling their stocks of maocha for, but I've noticed quite a few shops shutting in Kunming and selling off their stock cheap. Also other shops have cut some of their inflated prices from previous years - I just bought some 2006 tea for around a third of it's previous insane pricetag. Still expensive, but much more reasonable in comparison.

Looking forward to seeing the prices of the new Spring tea.

With old teas - no apparent drops in price. There's just too little of it and an ever increasing market of people who appreciate it.

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Postby hop_goblin » Jan 14th, '09, 11:27

Like Nada, I also see the new teas dropping. For instance, YS is selling the Spring of MengHai for 18usd. When I bought a few beengs in '06, it ran me 38USD a beeng.

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Postby Cinnabar Red » Jan 14th, '09, 12:55

It sounds like its a good time for "new to pu erh" people like me to develop an interest :)

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Postby Salsero » Jan 14th, '09, 13:15

Cinnabar Red wrote: It sounds like its a good time for "new to pu erh" people like me to develop an interest
Yes, I think actually 2006 and especially 2007 were just about the worst years ever to start buying new puerh.

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Postby heavydoom » Jan 14th, '09, 15:27

great article.

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Postby Drax » Jan 14th, '09, 21:18

Perhaps not as thorough as the one you quoted, but. . . i thought I had remembered seeing something similar around somewhere. Finally re-located it.

http://www.sevencups.com/2008/12/10/pue ... sts-again/

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