By Jane Pettigrew
Following her previous article about different types and qualities of puerh teas from Yunnan province, Jane Pettigrew discusses what’s happening in the market since the puerh bubble burst almost two years ago.
Between 2004 and 2007, the price of puerh tea rose dramatically with famous brands fetching prices that were five times the cost of production. When the bubble burst in spring 2007, prices began to fall back but the recent craze for puerh has left behind it a good deal of confusion. Tea merchants are wary and connoisseur tea drinkers are dazed by the wide range of prices. Browse the internet for puerh cakes, and you will find prices that vary from just a few dollars to several thousand dollars and it is not easy to understand why there is such a gaping chasm between the cheapest and the most expensive.
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