From Jasmin in Hong Kong this week ……

November 15, 2011
comments comment comments



‘Leaving Hong Kong having met with some of the big names in the Pu Er business there, all had the same thing to say: Continental China’s demand for aged Pu Er is rapidly increasing both the prices and the level of counterfeit. Sales have never been so good and availability is the biggest problem.


One good example of this folly is the famous 1988 Qing Bing Menghai 7542 of Vesper Chan, one of the first dealers to favour dry storage. In less than 2 years the price for one cake rose from18 000HK$ à 35 000HK$ that’s over CDN$4500! Despite this extremely inflated price M.Chen has to limit the quantity of cakes per client and of course presented with such a limitation the clients offer to pay more.

Amazing to think that less than a year ago we had a 1974 Menghai 74342 on sale at less than $1125 for the equivalent weight and clients found it pricey!!

I won’t even mention the price of this cake in the picture from 1900.’

Jasmin Desharnais

Add a comment