Consumers have many choices: pay more for quality teas, pay the same and drink less quality teas, switch to Indian, Ceylon, African or herbal teas, drink less tea or stop drinking tea.
Tea farmers will raise price to make up for lost productions.
Tea merchants can raise prices, the consequence is fewer buyers. Keep prices low, the consequence is can we pay rent and expenses?
US tea merchants: USD to RMB is down 40 cents in just 4 months, shipping is expensive, government departments are thieves, minimum wage went up in January, even supermarket prices have gone up 30% to 50%.
China inflation rate is 7% for 2007, 2008 will get worse, USD at more than 1% depreciation rate per month, plus 30% higher price, I will have to stop drinking tea myself.
Want to cry!
Taken from http://tea-obsession.blogspot.com/
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