Q2 2024 Turquoise (High-Porcelain Green) Market Analysis Report

I. Market Overview

In Q2 2024, the overall turquoise market showed a steady upward trend, with "High-Porcelain Green" turquoise, as a representative of high-end turquoise, performing particularly well. As consumer awareness of high-quality, rare gemstones continues to increase, and investment enthusiasm remains high, market demand for High-Porcelain Green turquoise remains robust.

II. Price Data Analysis

This quarter, the price range of High-Porcelain Green turquoise further widened, with a significant price gap between top-grade material and ordinary high-porcelain material. Specific data are as follows:

* Rough Stone Price (per gram):
* Ordinary High-Porcelain Green (unoptimized, medium porcelain, uniform color): Price range is 200-500 CNY/gram. Compared to the previous quarter, prices increased by approximately 5%-8%.
* Fine High-Porcelain Green (high porcelain, high density, pure color, no or minimal iron lines): Price range is 600-1500 CNY/gram. Prices increased by approximately 8%-12%.
* Top-Grade High-Porcelain Green (jade-like, high porcelain, high density, sky blue or apple green, no iron lines, perfect condition): Price range is 1800-4000 CNY/gram, or even higher (depending on specific size and condition). Prices increased by approximately 10%-15%.

* Finished Product Price (per piece, taking beads as an example):
* High-Porcelain Green Round Beads (8mm-12mm): Ordinary high-porcelain green finished bead strands are priced at 3000-8000 CNY/strand; fine high-porcelain green finished bead strands are priced at 10000-30000 CNY/strand; top-grade high-porcelain green finished bead strands can reach 50000-200000 CNY/strand, or even higher.

* Trading Volume:
* This quarter, both online and offline trading volumes for High-Porcelain Green turquoise showed growth. According to incomplete statistics, the transaction value of High-Porcelain Green related products on online platforms (such as Taobao, JD.com, Weipaitang, etc.) increased by approximately 15%-20% quarter-on-quarter; the activity of offline professional markets (such as Shiyan, Xiangyang, etc.) also significantly increased, with trading volume growing by approximately 10%-15% year-on-year.

* Price Change: Overall, the average price of High-Porcelain Green turquoise increased by 8%-12%, with top-grade material experiencing a more significant increase.

III. Market Trend Analysis and Forecast

Scarcity Drives Price Increase: The mineral resources of high-quality High-Porcelain Green turquoise are increasingly depleted, and new mining is difficult, leading to a continuous tightening of market supply. This scarcity is a core factor driving price increases and is expected to continue in the future.

Consumption Upgrade and Aesthetic Improvement: Consumer perception of turquoise is shifting from "inexpensive ornaments" to "collectible gemstones," with an increasing pursuit of quality. High-Porcelain Green, with its unique texture and color, has become the preferred choice for high-end consumers.

Investment and Collection Value Highlighted: In the current economic environment, some investors are turning to physical assets. Turquoise, as a gemstone with cultural attributes and scarcity, has seen its investment and collection value further explored. Especially perfect top-grade High-Porcelain Green, its value preservation and appreciation capabilities are strong.

Market Differentiation Intensifies: Prices of ordinary quality turquoise fluctuate less and may even face pressure; while high-end varieties such as High-Porcelain Green and jade-like material will continue to strengthen, and the trend of market differentiation will become more apparent.

Future Forecast: It is expected that in the next one to two quarters, the price of High-Porcelain Green turquoise will continue to rise, but the rate of increase may slow down. Fine and top-grade material will remain the market's focus, while prices of ordinary high-porcelain material will stabilize, but still have room for slight increases.

IV. Price Comparison of Different Quality Grades

V. Investment Advice

Focus on Scarcity and Quality: For investment and collection, prioritize top-grade High-Porcelain Green turquoise with high porcelain, high density, pure color, unoptimized, and no or minimal iron lines. Such products not only have higher ornamental value but also stronger potential for value preservation and appreciation.

Beware of Optimized Products: There are many turquoise products on the market that have undergone optimization treatments such as gluing, impregnation, and dyeing. Although their prices are relatively low, their collection value and appreciation potential are far inferior to natural rough stones. When purchasing, be sure to choose reputable merchants and request authoritative appraisal certificates.

Long-Term Holding Strategy: The value growth of turquoise is a long-term process. Investors are advised to adopt a long-term holding strategy and avoid short-term speculation. The value of high-quality turquoise will gradually manifest over time.

Diversified Investment: If conditions permit, consider diversifying investments across High-Porcelain Green turquoise from different origins and with different conditions to reduce the risk of a single variety.

Learn Identification Knowledge: Investors should actively learn turquoise identification knowledge, understand its origin, characteristics, optimization methods, etc., to improve their identification ability and avoid being deceived.

Risk Warning: All investments carry risks. The turquoise market is affected by various factors, and price fluctuations are inevitable. This report is for reference only and does not constitute any investment advice.

Q2 2024 Turquoise (High-Porcelain Green) Market Analysis Report