Q2 2024 Market Analysis Report for Icy-Green Jadeite (Oil-Green Variety)

I. Market Overview and Price Trends

In Q2 2024, the market for icy-green jadeite (oil-green variety) generally showed a stable yet upward trend, particularly for mid-to-high quality oil-green jadeite, where demand remained strong and prices firm. Compared to the previous quarter, the overall price index increased by approximately 3.5%.

1. Specific Price Data:

* Low-end Oil-Green Jadeite (glutinous texture, grayish color, more cotton inclusions):
* Price Range: 500 - 2,000 CNY/piece (bangles/pendants), 50 - 200 CNY/gram (loose material).
* Price Change: Flat to slight increase of 1% quarter-on-quarter.
* Trading Volume: Accounts for about 40% of total market transactions, primarily for entry-level consumers and daily wear.

* Mid-end Oil-Green Jadeite (icy-glutinous texture, even color, fewer cotton inclusions, gelatinous feel):
* Price Range: 3,000 - 15,000 CNY/piece (bangles/pendants), 300 - 1,500 CNY/gram (loose material).
* Price Change: Increased by 3% - 5% quarter-on-quarter.
* Trading Volume: Accounts for about 45% of total market transactions, being the main force in market trading and widely popular.

* High-end Oil-Green Jadeite (icy or high-icy texture, rich and even color, fluorescence, no obvious cotton inclusions or cracks):
* Price Range: 20,000 - 100,000+ CNY/piece (bangles/pendants), 2,000 - 10,000+ CNY/gram (loose material).
* Price Change: Increased by 5% - 8% quarter-on-quarter.
* Trading Volume: Accounts for about 15% of total market transactions. Although the transaction volume is relatively small, the high unit value is the main driver of market price growth.

2. Trading Volume:

Overall trading volume for icy-green jadeite increased by approximately 8% this quarter compared to the previous one, indicating an increase in market activity. Both online live sales and offline professional market transactions performed well.

II. Market Trend Analysis and Forecast

* Quality Reigns Supreme: Consumer awareness of jadeite continues to rise, and demands for quality are becoming increasingly stringent. High-quality, good-textured oil-green jadeite will continue to be sought after, with greater potential for price appreciation.
* Balance of 'Color' and 'Texture': Oil-green jadeite is known for its unique oily luster and deep green hue. In the future, oil-green jadeite that combines excellent texture (icy/high-icy) with rich and even color will be more competitive in the market.
* Cultural Value Highlighted: With the rise of 'Guochao' (China chic) culture, jadeite, as a carrier of traditional culture, will see its cultural and artistic value further explored, helping to enhance the added value of oil-green jadeite.
* Emergence of Younger Consumers: More young consumers are starting to pay attention to jadeite, preferring unique designs and comfortable-to-wear jadeite jewelry. This provides new directions for the design innovation of oil-green jadeite.
* Accelerated Integration of Online and Offline: New retail models such as online live streaming and short videos will continue to promote the circulation of jadeite and expand sales channels, but the experience and trust provided by offline physical stores remain irreplaceable.

III. Price Comparison by Quality Grade

From the data above, it is evident that there are significant price differences between different quality grades of oil-green jadeite. Low-end oil-green jadeite prices are stable but have limited appreciation potential; mid-end oil-green jadeite is the market's main force, offering good value for money and some appreciation potential; high-end oil-green jadeite, due to its rarity and superior quality, shows the most significant price increase and is the preferred choice for investment and collection.

IV. Investment Advice

  • Focus on Mid-to-High-End Fine Pieces: For investors, it is advisable to focus on mid-to-high-end oil-green jadeite, especially those with icy or high-icy texture, even color, and no obvious flaws. Such products not only have high wearing value but also greater future appreciation potential.

  • Pay Attention to Rough Stone Market: Experienced investors can pay attention to the rough stone market for oil-green jadeite. High-quality rough stones, after exquisite carving and processing, often see their value multiply.

  • Verify Certificates and Origin: Always request authoritative appraisal certificates when purchasing to confirm the natural A-grade authenticity of the jadeite. While oil-green jadeite is mainly produced in Myanmar, its specific mining area and production batch can also affect its quality and value.

  • Beware of 'Optimization' and 'Treatment': There are some optimized or treated oil-green jadeite pieces in the market whose value is far below natural A-grade jadeite. It is crucial to have them appraised by professional institutions to avoid purchasing B-grade, C-grade, or B+C-grade goods.

  • Long-Term Holding Strategy: As a scarce resource, the value of jadeite often takes a longer time to manifest. Investors are advised to adopt a long-term holding strategy rather than short-term speculation.

  • Acquire Professional Knowledge: Investing in jadeite requires certain professional knowledge, including judgment on texture, color, craftsmanship, and flaws. It is recommended to study more, communicate more, and improve your appreciation skills.


Conclusion: The icy-green jadeite market performed actively in Q2 2024, with prices for mid-to-high-end products steadily increasing. In the future, trends towards quality, refinement, and cultural emphasis will continue to dominate the market. For investors, grasping quality, paying attention to trends, and making cautious choices are key to achieving ideal returns in the jadeite market.