Q2 2024 Market Analysis Report for Icy Jadeite

I. Market Overview and Price Trends

In Q2 2024, the icy jadeite market generally showed a steady upward trend, especially for high-end exquisite pieces and unique materials, where market activity was high. Influenced by the continuous tension in Myanmar's raw jadeite supply, domestic consumption upgrades, and increasing collection and investment demand, icy jadeite prices remained strong.

Price Range:

* Ordinary Icy Jadeite (flawless or minor flaws, average clarity/texture): 2,000 - 15,000 RMB/carat (or priced per piece, small pendants/bracelets approximately 5,000 - 50,000 RMB/piece).
* Mid-to-High-Grade Icy Jadeite (with fluorescence, strong gelatinous texture, pure color, minimal flaws): 15,000 - 80,000 RMB/carat (or priced per piece, medium-sized bracelets/pendants approximately 50,000 - 300,000 RMB/piece).
* Top-Grade Icy Jadeite (high-icy, glass-like, strong fluorescence, full gelatinous texture, imperial green/vibrant green color, perfectly flawless): 80,000 - 300,000 RMB/carat and above (or priced per piece, exquisite bracelets/cabochons/large carvings can reach 500,000 RMB to several million RMB/piece).

Price Fluctuation:

This quarter, the average price of icy jadeite increased by approximately 3% - 8% quarter-on-quarter. Among them, high-quality, uniquely designed exquisite pieces saw more significant increases, with some rare colors (such as imperial green, high-quality vibrant green) of icy jadeite even exceeding a 10% increase. Ordinary icy jadeite prices remained relatively stable, with slight small increases.

Trading Volume:

Market trading volume increased by approximately 5% - 10% compared to the previous quarter. Online live streaming, short video platforms, and offline professional exhibitions and auctions became the main trading channels. Consumer awareness and acceptance of icy jadeite continued to improve, and market demand was strong.

II. Market Trend Analysis and Forecast

  • Continued Tight Supply of Raw Jadeite: Political instability and changes in mining policies in Myanmar have led to a continuous reduction in the supply of high-quality raw jadeite, which will be a core factor supporting the long-term price increase of icy jadeite.

  • Consumption Upgrade and Aesthetic Enhancement: With the improvement of national economic levels, consumers' demands for jadeite quality are increasing. Icy jadeite, with its unique clarity and beauty, is favored by more and more mid-to-high-end consumers.

  • Highlighting Investment and Collection Value: Against the backdrop of increasing global economic uncertainty, icy jadeite, as a scarce resource and a hard currency, is increasingly attracting investors' attention for its hedging and value-preserving properties.

  • Growing Demand for Personalization and Customization: Younger generations of consumers pay more attention to personal expression, and customized icy jadeite jewelry will become a new growth point.

  • Integration of Online and Offline Development: With the maturity of live e-commerce, online transactions will continue to maintain rapid growth, but offline experience and professional appraisal remain indispensable links, and the two will further integrate and develop.


Forecast: It is expected that the icy jadeite market will continue to maintain a steady growth trend in the next six months to a year, especially for high-quality, rare-colored icy jadeite, whose prices still have significant room for appreciation.

III. Price Comparison of Different Quality Grades

| Quality Grade | Description of Characteristics | Price Range (e.g., Bracelet) | Price Range (e.g., Cabochon) |
| :------------ | :--------------------------- | :--------------------------- | :--------------------------- |
| Ordinary Icy | Average clarity/texture, with cotton or fine lines/cracks, acceptable transparency. | 5,000 - 50,000 RMB/piece | 2,000 - 10,000 RMB/piece |
| High Icy | Good clarity/texture, with fluorescence, strong gelatinous texture, almost flawless, high transparency. | 50,000 - 300,000 RMB/piece | 10,000 - 80,000 RMB/piece |
| Glassy | Excellent clarity/texture, transparent as glass, strong fluorescence, perfectly flawless, or with top-grade color. | 300,000 RMB to several million RMB/piece | 80,000 RMB to several million RMB/piece |

IV. Investment Advice

  • Focus on High-Quality Exquisite Pieces: When investing in icy jadeite, prioritize high-quality pieces with good clarity/texture, pure color, few flaws, and exquisite craftsmanship. Such jadeite has the greatest potential for value preservation and appreciation, and strong risk resistance.

  • Pay Attention to Rare Colors and Unique Materials: Imperial green, vibrant green, and clear water icy jadeite, as well as unique carvings or those with cultural connotations, have immense market value and collection potential.

  • Choose Reputable Dealers: When purchasing jadeite, always choose reputable dealers with good reviews and professional appraisal capabilities, and request authoritative appraisal certificates to avoid buying B-grade, C-grade, or fake goods.

  • Hold for the Long Term, Avoid Short-Term Chasing: Jadeite investment is a long-term investment, and its value growth requires time. It is not advisable to blindly pursue short-term gains; a long-term perspective should be adopted.

  • Learn Professional Knowledge: Understand the basic knowledge of jadeite, such as its "texture (种), clarity (水), color (色), craftsmanship (工), and flaws (瑕)", to improve appraisal ability and make more informed investment decisions.


Risk Warning: The jadeite market has certain volatility, and investment should be cautious. Please make investment decisions based on your personal risk tolerance and financial situation.