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

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

I. Market Overview

In the second quarter of 2024, the market for Icy Green Jadeite (Oil-Green variety) generally showed a steady upward trend. Influenced by expectations of global economic recovery and sustained consumer enthusiasm for natural gemstone investment, Oil-Green jadeite, as a representative of mid-to-high-end jadeite, performed actively in the market. Particularly driven by live e-commerce and short video platforms, the audience for Oil-Green variety has further expanded, and market transaction volumes have remained at a high level.

II. Price Data Analysis

This quarter, the price range of Oil-Green jadeite narrowed compared to the previous quarter, but the overall average price showed a slight increase. Price differences among various quality grades of Oil-Green jadeite remained significant.

* Price Range:
* Common Oil-Green Jadeite (coarse texture, average translucency): 500 - 3,000 RMB/piece (pendants/small bracelets)
* Mid-grade Oil-Green Jadeite (fine texture, decent translucency): 3,000 - 15,000 RMB/piece (pendants/bracelets)
* High-grade Oil-Green Jadeite (extremely fine texture, excellent translucency, strong gelatinous feel): 15,000 - 80,000 RMB/piece (pendants/bracelets), with some exquisite pieces exceeding 100,000 RMB.

* Price Fluctuation:
* Average Price Increase: Approximately 3% - 5% quarter-over-quarter.
* High-grade Oil-Green Jadeite Increase: Performed more strongly, with an increase of 5% - 8%.
* Common Oil-Green Jadeite: Prices remained largely stable with minimal fluctuations.

* Trading Volume:
* Trading volume increased by approximately 8% - 12% compared to the previous quarter. Mid-grade Oil-Green jadeite was the most active, accounting for about 60% of transactions.
* Online trading platforms continued to increase their share of transactions, now surpassing physical stores.

III. Market Trend Analysis and Forecast

• Quality Remains King: Consumers' demand for jadeite quality is increasing. Oil-Green jadeite with good translucency, fine texture, and uniform color is more favored. In the future, the scarcity of high-quality Oil-Green jadeite will further drive up its price.


• Live E-commerce Continues to Drive Sales: Live streaming and short video marketing will remain important channels for Oil-Green jadeite sales. Transparent displays and professional explanations help build consumer trust and facilitate transactions.


• Growth in Personalized Customization: With the diversification of consumer aesthetics, personalized custom Oil-Green jadeite jewelry will gradually become a new growth point.


• Investment Attributes Highlighted: Under inflation expectations, the value preservation and appreciation attributes of natural gemstones are receiving more attention. Oil-Green jadeite, with its unique color and relatively affordable price, has become a choice for many novice investors.


• Future Forecast: The Oil-Green jadeite market is expected to maintain steady growth in the third quarter, with market activity likely to further increase driven by holiday consumption during Mid-Autumn Festival and National Day. Prices for high-quality Oil-Green jadeite still have room for appreciation, while prices for common Oil-Green jadeite will remain stable.

IV. Price Comparison by Quality Grade

| Quality Grade | Description | Price Range (Pendants/Bracelets) | Main Consumer Group |
| :------------ | :------------------------------------------------------------------------ | :------------------------------- | :---------------------------- |
| Common | Coarse texture, average translucency, darker color | 500 - 3,000 RMB | Novice consumers, daily wear |
| Mid-grade | Fine texture, decent translucency, better color uniformity | 3,000 - 15,000 RMB | General public, gift giving |
| High-grade| Extremely fine texture, excellent translucency, strong gelatinous feel, pure and deep color | 15,000 - 80,000 RMB+ | Collectors, high-end gifts, investment |

V. Investment Advice

• Focus on High-Quality Oil-Green Jadeite: For investors, it is advisable to focus on Oil-Green jadeite with good translucency, fine texture, pure color, and a gelatinous feel. Such jadeite not only has high wearing value but also greater potential for future appreciation.


• Beware of 'Certificate Traps': When purchasing, always request an appraisal certificate issued by an authoritative institution and carefully verify that the certificate information matches the physical item. At the same time, do not blindly trust certificates; prioritize the quality of the item itself.


• Choose Reputable Merchants: Whether buying online or offline, choosing merchants with good reputation and after-sales service is crucial to avoid the risk of purchasing counterfeit or inferior products.


• Long-Term Holding Strategy: Jadeite investment is a long-term investment; short-term price fluctuations may not be significant. Investors are advised to adopt a long-term holding mindset, waiting for its value to gradually manifest.


• Acquire Professional Knowledge: Before investing in jadeite, it is recommended to learn relevant professional knowledge, understand jadeite identification and grading standards, and enhance your own appreciation ability to avoid blindly following trends.

Conclusion: The Oil-Green jadeite market showed a steady growth momentum in the second quarter of 2024, with the investment value of high-quality Oil-Green jadeite becoming increasingly prominent. Consumers and investors should view the market rationally, focus on quality, and choose carefully to achieve satisfactory returns.