Wednesday, April 11, 2007

Palace Museum Tribute Pu-erh is back to its hometown and Pu-erh Price keeps rising

The famous Palace Museum Golden Melon Tribute Pu-erh ended its 20 day journey and arrived at Pu-erh County on April 6. Along with arrival of the century old Pu-erh, here comes another heat wave of Pu-erh. This year’s mao cha prices have raised to 3 to 5 times of last year’s prices.

Although local tea farmers are enjoying another prosperous year, the skyrocketing costs and concerns over overheating have kept some Pu-erh producers and vendors staying on sidelines this year. How high can Pu-erh prices go? Some people have started to propose a Pu-erh future market. Humm… a Pu-erh future market, how do you like this idea?


Tuesday, April 10, 2007

Ming Qian and Yu Qian Tea

Ming Qian (Pre-Ming) tea means teas plucked before Qing Ming. This year's Qing Ming is April 5, which means teas plucked after that can't be called Ming Qian tea. Yu Qian tea means teas plucked between Qing Ming and Gu Yu. This year's Gu Yu is April 20.

Green tea prices are generally very sensitive to these two days. Ming Qian tea normally demands hefty premiums. Yu Qian teas sometimes can be good bargains. After Gu Yu, it normally is game over for green tea producers with the exception of some northern region green teas, which harvest late due to cold weather. Although some companies produce teas all year long, quality of later harvest is nowhere close to that of spring harvest.