Cafago offers the Lixada 5.2-Foot Folding Mini Fishing Rod for $40.75. Coupon code "ZY3860US" cuts that to $30.25. With free shipping, that's $48 off list and the lowest price we could find. It's made of carbon fiber and features a telescopic rod.
Note: This item ships from mainland China and may take up to four weeks to arrive.