Q2 2024 Manasi Jade Market Analysis Report

Q2 2024 Manasi Jade Market Analysis Report

I. Market Overview

In Q2 2024, the Manasi jade market generally showed a stable yet upward trend. Driven by domestic economic recovery, sustained consumer enthusiasm for traditional cultural and artistic investments, and the unique origin value of Manasi jade, market activity increased compared to the previous quarter. High-end fine materials maintained strong prices, while the trading volume of mid-to-low-end materials expanded, and market confidence gradually recovered.

II. Price Data Analysis

Price ranges for various grades of Manasi jade in this quarter are as follows:

* Special Grade Fine Material (rich color, fine texture, no cracks, no black spots, spinach green or apple green): Primarily used for high-end collectible ornaments, bracelets, bead strings, etc. Price range is 8,000 - 25,000 RMB/kg, with some exceptional pieces even exceeding 30,000 RMB/kg. Compared to the previous quarter, prices for special grade fine materials increased by approximately 5%-8%.
* First Grade Premium Material (correct color, relatively fine texture, minor subtle cracks or black spots, spinach green or bright green): Primarily used for mid-to-high-end bracelets, pendants, hand-held pieces, etc. Price range is 3,000 - 7,000 RMB/kg. Price increase of approximately 3%-5%.
* Second Grade Ordinary Material (lighter or grayer color, visible texture, some cracks or black spots): Primarily used for ordinary jewelry, small play pieces, etc. Price range is 800 - 2,500 RMB/kg. Prices remained largely stable, with a slight increase of 1%-2%.
* Third Grade Scraps/Mixed Materials (mixed colors, coarse texture, many cracks, many black spots): Primarily used for carving scraps, practice materials, etc. Price range is 100 - 500 RMB/kg. Prices remained largely flat.

Trading Volume Analysis:

Total trading volume for Manasi jade in this quarter increased by approximately 12% compared to the previous quarter. Among them, first-grade premium material and second-grade ordinary material accounted for the largest proportion of transactions, reaching 45% and 35% respectively. Although special-grade fine material has a high unit price, its trading volume accounted for about 10%, mainly concentrated in a few high-end trading platforms and private customization channels. Third-grade material accounted for about 10% of the trading volume.

III. Market Trend Analysis and Forecast

• High-end fine materials remain scarce, with further price appreciation potential: The difficulty and cost of mining high-quality Manasi jade continue to increase, leading to a sustained reduction in the output of fine materials. Market demand for high-quality jade is strong, and it is expected that prices for high-end fine materials will continue to remain firm with a slight upward trend in the future.


• Strong demand in the mid-range market, trading volume expected to continue to expand: As consumer awareness of jade increases and the purchasing power of the middle class strengthens, market demand for mid-range high-quality Manasi jade jewelry and play pieces will remain strong, and trading volume is expected to further expand.


• Enhanced cultural added value, brand effect increasingly evident: More and more businesses are focusing on the cultural connotations and brand building of Manasi jade. In the future, Manasi jade products with unique designs, exquisite craftsmanship, and brand stories will be more favored by the market, and their added value will increase accordingly.


• Maturing online trading platforms, broadening sales channels: With the popularization of online channels such as live streaming e-commerce and short video marketing, the sales model of Manasi jade has become more diversified, playing a positive role in the circulation of mid-to-low-end products in particular. Online transactions are expected to become a significant growth point in the future.

IV. Price Comparison of Different Quality Grades

| Quality Grade | Color Characteristics | Texture Characteristics | Price Range (RMB/kg) | Typical Uses |
| :----------------- | :---------------------------- | :---------------------------- | :------------------- | :--------------------------- |
| Special Grade Fine | Spinach green/apple green, rich | Fine and oily, no structure, no black spots | 8,000 - 25,000 | Collectible ornaments, bracelets, bead strings |
| First Grade Premium | Spinach green/bright green, pure color | Relatively fine, slight structure, few black spots | 3,000 - 7,000 | Mid-to-high-end bracelets, pendants, hand-held pieces |
| Second Grade Ordinary | Lighter/grayer, color variation | Visible structure, some cracks/black spots | 800 - 2,500 | Ordinary jewelry, small play pieces |
| Third Grade Scraps | Mixed colors, uneven | Coarse, many cracks, many black spots | 100 - 500 | Carving scraps, practice materials |

V. Investment Recommendations

• Focus on fine pieces, long-term holding: For investors with certain financial capabilities, it is recommended to focus on special and first-grade Manasi jade fine materials. These products possess scarcity and artistic value, with significant long-term appreciation potential. When selecting, attention should be paid to the fineness of the jade, the purity of the color, and the exquisiteness of the craftsmanship.


• Avoid blind following, focus on cost-effectiveness: While the mid-to-low-end Manasi jade market is active, product homogenization is also quite serious. Investors should avoid blind following, consume rationally, and choose products with high cost-effectiveness. For ordinary consumers, first or second-grade high-quality materials can be chosen for daily wear jewelry, combining aesthetics with value preservation.


• Beware of counterfeits, choose legitimate channels: The Manasi jade market has phenomena such as counterfeiting and dyeing optimization. Investors must choose reputable merchants when purchasing, request authoritative appraisal certificates, and learn basic identification knowledge.


• Pay attention to raw stone market dynamics: For professional investors or processors, closely monitoring information on Manasi jade raw stone origins, mining policies, and auction situations will help grasp source costs and market opportunities.

Summary: The Manasi jade market performed positively in Q2 2024, with strong value preservation and appreciation capabilities for high-end fine materials, and active trading in the mid-to-low-end market. It is expected that the market will continue to maintain steady growth in the future, but investors still need to choose carefully and invest rationally.