New hand-rolled Japanese tea leaves sell for record 1.96m yen

The indigenous green tea leaves were grown in Fujinomiya

Arpan Rai
Monday 18 April 2022 08:12 EDT
Comments
File: A woman demonstrates how to hand roll green tea leaves during the first auction of the season’s new green tea leaves at Shizuoka Tea Auction
File: A woman demonstrates how to hand roll green tea leaves during the first auction of the season’s new green tea leaves at Shizuoka Tea Auction (Getty Images)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

In a first, one kg of hand-rolled new Japanese tea leaves sold for a whopping 1.96 million yen (£11,881) in the country’s seasonal inaugural auction on Monday.

A product of Japan’s Shizuoka prefecture, the indigenous green tea leaves were grown in Fujinomiya and sold at the city’s annual Tea Market auction, kickstarting the ceremony.

Officials in the market said that though the production of tea was slower than usual this year, the quality has remained unchanged.

The market “is working hard to ensure it provides delicious tea at fair prices” even as the country was hit by rising fuel and raw materials prices, the market’s president Yasuhide Uchino said at the ceremony, reported Japanese news agency Kyodo.

Situated on the southern coast of Japan, the prefecture is known for its green tea produce.

The auction also saw many happy tea wholesalers who got their hands on the authentic product after rushing to the market in the early hours.

“We were able to acquire tea of good colour and shape,” said Natsuki Wada, a 35-year-old processed-tea wholesaler based in Shizuoka city.

It began successfully when the first bell of transactions rang at 7am with agricultural workers, tea wholesalers, traders and interested customers teaming for the green tea.

Many were seen negotiating for a precious deal with Japan’s “soroban” abacuses and claps thundered the market with the sealing of deals.

According to the Shizuoka Japanese Tea Market, the Shizuoka’s green tea garnered a trading volume of 1,732 kg by 8.10am with the average per kilogram priced at 5,027 yen (£30.4), the report added.

Traders also sold and purchased teas grown outside the Shizuoka prefecture, included teas from Kagoshima prefecture in the southwest and the southern prefecture of Okinawa.

April-end is the time when the tea hand-rolling work peaks.

In 2019, the season’s first auction of Japanese green tea saw a record bid of 1.39m yen (£9,500) for a kg of hand-rolled Sae Midori tea leaves.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in