Q2 2024 Market Analysis Report for Imperial Jadeite - Glass Type

I. Market Overview and Price Trends

In Q2 2024, the market for imperial jadeite (glass type) generally showed a steady upward trend, particularly in the high-end boutique sector, where prices remained exceptionally strong. The global economic recovery outlook and consumers' continuous pursuit of scarcity and value preservation attributes are the main factors supporting the activity of the glass type jadeite market. Compared to the previous quarter, the average price of glass type jadeite increased by approximately 3% to 5%, with some top-tier collectibles seeing increases of over 10%.

Price Range and Fluctuation:

* Ordinary Glass Type (colorless/light floating flowers, excellent water luster, no obvious flaws): Pendant prices range from 50,000 to 200,000 RMB/piece; bangle prices range from 200,000 to 800,000 RMB/piece. This quarter's increase was approximately 2% - 4%.
* High-Quality Glass Type (with fluorescence, strong gelatinous feel, pure color, slightly positive green or clear water): Pendant prices range from 200,000 to 800,000 RMB/piece; bangle prices range from 800,000 to 3,000,000 RMB/piece. This quarter's increase was approximately 4% - 7%.
* Top-Tier Glass Type (perfectly flawless, strong fluorescence, high gelatinous feel, imperial green/positive green/ice positive green, reaching collection grade): Pendant prices range from 800,000 to 5,000,000 RMB/piece, or even higher; bangle prices range from 3,000,000 to 15,000,000 RMB/piece, or even higher. This quarter's increase was approximately 5% - 10%, with some rare categories seeing higher increases.

Trading Volume:

Overall trading volume for glass type jadeite in this quarter slightly increased compared to the previous quarter, with a growth of approximately 8% - 12%. Among these, online live streaming platforms and high-end auctions showed significant increases in activity, indicating a continuous rise in market recognition for high-quality, high-value jadeite.

II. Market Trend Analysis and Forecast

  • Scarcity Drives Price Increases: The resources of high-quality jadeite rough are increasingly depleted, especially rough that can reach the glass type grade, which is extremely rare. This scarcity is the core driving force supporting the long-term price increase of glass type jadeite. It is expected that in the coming years, as the difficulty of rough mining increases, the price of glass type jadeite will continue to rise.

  • Consumption Upgrade and Aesthetic Enhancement: With the improvement of national economic levels, consumers' consumption concepts for jewelry have gradually shifted from "wearing" to "collecting" and "investing." Glass type jadeite, with its warm and subtle, elegant and refined characteristics, perfectly meets the aesthetic demands of high-end consumer groups.

  • Increased Influence of Online Channels: Emerging sales models such as online live streaming and short videos have injected new vitality into the jadeite market. Transparent display and convenient transaction methods have attracted more young consumers and collectors, helping to improve market liquidity.

  • Investment Attributes Becoming Prominent: Against the backdrop of global inflationary pressures and uncertain returns from traditional investment channels, glass type jadeite, as a physical asset with cultural attributes and scarcity, is increasingly valued for its preservation and appreciation attributes, becoming an important option for high-net-worth individuals' asset allocation.


Forecast: It is expected that in the second half of 2024, the glass type jadeite market will continue to maintain steady growth, especially in the top collection grade, where prices are expected to achieve double-digit growth. The price increase of mid-to-low-end glass type jadeite will stabilize but still possess certain value preservation properties.

III. Price Comparison of Different Quality Grades

| Quality Grade | Pendant (RMB/piece) | Bangle (RMB/piece) | Description |
| :----------------- | :------------------ | :----------------- | :----------------------------------------------------------------------- |
| Ordinary Glass Type | 50,000 - 200,000 | 200,000 - 800,000 | Good water luster, colorless or light floating flowers, no obvious flaws, faint fluorescence |
| High-Quality Glass Type | 200,000 - 800,000 | 800,000 - 3,000,000 | With fluorescence, strong gelatinous feel, pure color, slightly positive green/clear water |
| Top-Tier Glass Type | 800,000 - 5,000,000+ | 3,000,000 - 15,000,000+ | Perfectly flawless, strong fluorescence, high gelatinous feel, imperial green/positive green/ice positive green |

IV. Investment Recommendations

  • Focus on Boutiques: For investors, it is recommended to prioritize high-quality and top-tier glass type jadeite. These categories not only have stronger scarcity and aesthetic value but also have far greater potential for value preservation and appreciation than ordinary goods. Especially boutiques with positive green, imperial green, or unique designs have huge appreciation potential in the future.

  • Pay Attention to Certificates and Origin: When purchasing, be sure to request appraisal certificates issued by authoritative appraisal institutions (such as NGTC, GIA, etc.) to ensure the natural A-grade authenticity of the jadeite. At the same time, understanding its origin and transaction history helps to judge its value and collection potential.

  • Long-Term Holding Strategy: Jadeite investment belongs to long-term investment, and short-term fluctuations are difficult to predict. Investors are advised to adopt a long-term holding strategy to exchange time for value growth. The value of high-quality glass type jadeite often continues to climb over time.

  • Diversified Allocation: It is recommended to include jadeite investment as part of asset allocation, combined with other investment categories, to reduce the risk of a single asset. For novice investors, you can start with high-quality pendants or small bangles.

  • Beware of "Concept Speculation": There are often phenomena of passing off inferior goods as superior and concept speculation in the market. Investors should remain rational, learn more professional knowledge, compare more, avoid blindly following trends, and choose reputable merchants for transactions.


Summary: The glass type jadeite market performed strongly in Q2 2024, with its scarcity, aesthetic value, and investment attributes jointly driving steady price increases. Looking ahead, this trend is expected to continue, bringing substantial returns to investors with professional insight and long-term planning.