Q2 2024 Market Analysis Report for Icy Jadeite

Q2 2024 Market Analysis Report for Icy Jadeite

I. Market Overview and Price Trends

In Q2 2024, the market for icy jadeite generally showed a steady upward trend. Influenced by expectations of global economic recovery, increased consumer demand for high-quality jewelry investment, and continued tight raw material supply, icy jadeite prices remained firm. Compared to the previous quarter, prices for high-quality icy jadeite generally rose by 3%-8%, while prices for medium-quality icy jadeite increased by 1%-5%. Market transaction volume saw a slight recovery, but still primarily focused on high-end and boutique pieces.

Specific Price Data:

* Icy Colorless/Light-colored (Bangles, Pendants):
* Low-end (more cotton, average translucency): CNY 15,000 - 50,000/piece
* Mid-range (less cotton, good translucency, slight base color): CNY 80,000 - 300,000/piece
* High-end (gelatinous texture, strong fluorescence, flawless): CNY 500,000 - 2,000,000/piece, or even higher
* Icy with Floating Flowers (Bangles, Pendants):
* Low-end (scattered flowers, dull color): CNY 20,000 - 80,000/piece
* Mid-range (vibrant flowers, bright color): CNY 100,000 - 500,000/piece
* High-end (artistic flowers, excellent clarity and color): CNY 800,000 - 3,000,000/piece, or even higher
* Icy Imperial Green (Cabochons, Pendants):
* Low-end (lighter color, average clarity): CNY 50,000 - 200,000/carat
* Mid-range (rich color, good clarity): CNY 300,000 - 1,000,000/carat
* High-end (imperial color, strong fluorescence, flawless): CNY 1,500,000 - 5,000,000/carat, or even higher

Price Change:

* High-quality Icy Jadeite: Prices increased by 3% - 8% quarter-on-quarter
* Medium-quality Icy Jadeite: Prices increased by 1% - 5% quarter-on-quarter
* Ordinary Icy Jadeite: Prices remained largely stable or saw a slight increase of 0.5% - 2%

Trading Volume:

* The overall trading volume for icy jadeite in this quarter increased by approximately 5% - 10% quarter-on-quarter, mainly concentrated in auction houses and high-end customization markets.

II. Market Trend Analysis and Forecast

• Scarcity Drives Price Increases: The difficulty of mining and the continuously declining output of high-quality jadeite roughs lead to increasingly tight market supply. As a representative of high-quality jadeite, the scarcity of icy jadeite will continue to support price increases.


• Consumption Upgrade and Aesthetic Enhancement: With the improvement of consumer income levels and the maturity of aesthetic concepts, the demand for high-quality, high-value jewelry is growing. Icy jadeite, with its unique warm luster and understated beauty, is favored by more and more high-end consumers.


• Prominent Investment Attributes: In the current context of increased global economic uncertainty, tangible assets with potential for value preservation and appreciation are attracting investors' attention. Icy jadeite, as a rare gemstone, will further highlight its investment attributes.


• Integration of Online and Offline Development: The rise of new retail models such as live streaming and short videos has broadened the sales channels for jadeite, especially playing a positive role in the circulation of low-to-mid-end icy jadeite. However, transactions of high-end icy jadeite still primarily occur in offline physical stores, auctions, and custom channels.

Future Forecast: It is expected that the icy jadeite market will continue to maintain steady growth in the next 1-2 quarters. Prices for high-quality icy jadeite still have room for appreciation, with potential increases of 5%-10%. Prices for low-to-mid-end icy jadeite will remain stable or see a slight increase.

III. Price Comparison of Different Quality Grades

| Quality Grade | Description of Characteristics | Price Range (Bangles/Pendants) | Price Range (Cabochons/Carat) |
| :------------ | :----------------------------- | :----------------------------- | :----------------------------- |
| Low-end Icy | Loose structure, more cotton, average translucency, weak luster | CNY 15,000 - 80,000/piece | CNY 10,000 - 50,000/carat |
| Mid-range Icy | Dense structure, less cotton, good translucency, glowing, slight base color | CNY 100,000 - 500,000/piece | CNY 80,000 - 300,000/carat |
| High-end Icy | Extremely dense structure, no cotton, gelatinous and glowing, excellent translucency, pure color | CNY 800,000 - 3,000,000/piece | CNY 500,000 - 2,000,000/carat |
| Collector's Icy | Flawless, excellent clarity, color, and texture, rare colors (Imperial Green, High Icy Violet) | CNY 3,000,000+/piece | CNY 2,000,000+/carat |

IV. Investment Advice

• Prioritize High Quality: When investing in icy jadeite, prioritize high-quality pieces with good clarity, pure color, no obvious flaws, and exquisite craftsmanship. Such jadeite not only has higher ornamental value but also greater potential for value preservation and appreciation.


• Focus on Rare Colors: Icy imperial green, icy lavender, icy blue water, and other rare color icy jadeite, due to their unique colors and rarity, have greater appreciation potential in the future.


• Emphasize Certificates and Origin: When purchasing, be sure to obtain certificates issued by authoritative appraisal institutions (such as GIC, CGL, etc.) and understand their origin to ensure authenticity and quality.


• Long-term Holding: The investment return cycle for jadeite is relatively long. Investors are advised to hold for the long term and avoid short-term speculation.


• Professional Consultation: For investors unfamiliar with the jadeite market, it is recommended to seek guidance and advice from professionals to avoid blind investment.

Risk Warning: The jadeite market carries certain risks, including price fluctuations, appraisal risks, and difficulty in monetization. Investors should fully understand market risks and make decisions cautiously.