Day 7 harvest of the White Peony King and Day 4 of the White Down (Baihao Yinzhen) costs doubled this year, due to huge sudden demand for place of origin leaves. Word got around on the health benefits. In China, it’s just the opposite: good tea taste comes first, health benefits second. Place of origin is really important, since ‘white teas’ from anywhere other than Fuding origin white varietals can not claim those benefits, nor taste.
My face turned a scorching black. So, do we not import white teas this year, or make zero or lose money ? Raise the price? Sure. The Chinese economy clips along at a forced slowdown to 9% growth in GDP, while the US is lucky is we get to 3% growth. That and the currency exchange and other woes, pretty much gives us the following options:
1. Sell fake white teas like other tea merchants
2. Increase the price so we break even
3. Not raise the price and lose money
4. Not sell any white teas
Unlike green teas where I have numerous regions to choose from ( we are not carrying Taiping Houkui until prices get back to reasonable), only real white tea is what we will carry.
Stay tuned, our final prices will come in in a few days.
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