Hangzhou Tea Auction

The Hangzhou Tea Auction is a major regional marketplace where tea producers sell their products to buyers such as distributors and retailers. Held in Hangzhou, China—famous for its Longjing tea—the auction provides a transparent platform to determine fair prices based on quality and demand. It facilitates efficient trade, ensuring producers get fair compensation and buyers access high-quality tea. The event involves bidding, grading, and negotiations, and helps to promote Chinese tea globally by standardizing trading practices and showcasing varieties like Longjing, one of China's most renowned teas.