Q2 2024 Hetian Jasper Market Analysis Report

I. Market Overview

In the second quarter of 2024, the Hetian Jasper market generally showed a steady upward trend. Influenced by factors such as the domestic economic recovery, sustained enthusiasm for collection and investment, and increased popularization of Hetian jade culture, market activity has strengthened compared to the previous quarter. The scarcity of high-end fine jasper resources has become increasingly prominent, with prices remaining firm; demand for mid-range quality jasper is strong, and transaction volumes have grown steadily; while ordinary-grade jasper faces certain market competition pressure, with relatively small price fluctuations.

II. Price Data Analysis

Hetian Jasper price performance in this quarter is as follows:

* High-end Fine Jasper (Spinach green, old mine material, fine texture, no or minimal structure):
* Price Range: 10,000 - 50,000 CNY/gram (or higher, depending on specific quality and carving). Extra-large pieces or museum-grade collectibles can reach hundreds of thousands or even millions of CNY.
* Price Change: Up 3% - 8% quarter-on-quarter.
* Trading Volume: Relatively small, but each transaction amount is significant, with high market attention.

* Mid-range Quality Jasper (Bright green, apple green, good texture, some structure):
* Price Range: 1,500 - 8,000 CNY/gram.
* Price Change: Up 1% - 5% quarter-on-quarter.
* Trading Volume: Market主力, active transactions, strong demand.

* Ordinary-grade Jasper (Darker color, general texture, obvious structure, impurities):
* Price Range: 300 - 1,200 CNY/gram.
* Price Change: Flat or slightly up 0% - 2% quarter-on-quarter.
* Trading Volume: Larger, mainly meeting entry-level collection and daily wear needs.

Overall Market Average Price: The average price of Hetian Jasper in this quarter was approximately 2,500 CNY/gram, an increase of about 3.5% from the previous quarter.

Total Trading Volume: Estimated total trading volume (by weight) of Hetian Jasper in this quarter increased by approximately 10% - 15% quarter-on-quarter.

III. Market Trend Analysis and Forecast

  • Resource Scarcity Drives Price Increases: The depletion of high-quality Hetian Jasper ore, especially old mine spinach green material, is the core factor supporting the continuous rise in prices of high-end jasper. This trend will be more evident in the future.

  • Sustained Strong Collection and Investment Demand: With the growth of residents' wealth and recognition of traditional culture, Hetian jade, as an investment product with cultural value and appreciation potential, will continue to see strong collection demand, especially for works with famous carvings or special meanings.

  • Accelerated Brand Building and Standardization: The market has higher requirements for the authenticity identification and quality evaluation of Hetian Jasper. In the future, merchants with brand reputation and providing authoritative appraisal certificates will be more favored, and the degree of market standardization will further improve.

  • Integration of Online and Offline Development: Live streaming and e-commerce platforms have become important channels for Hetian jade sales. In the future, the integration of online and offline will be deeper, providing consumers with more diverse purchasing experiences.

  • Attention to International Market Dynamics: Although Hetian Jasper is mainly for domestic sales, international interest in traditional Chinese culture is growing. In the future, it is not ruled out that some fine jasper will enter the international collection market, bringing new growth points.


Forecast: It is expected that in the second half of 2024, the Hetian Jasper market will continue to maintain a steady growth trend. Prices of high-end fine jasper still have room for appreciation, and demand for mid-range quality jasper will remain active. Prices of ordinary-grade jasper will remain relatively stable, but market competition will be more intense.

IV. Price Comparison of Different Quality Grades

| Quality Grade | Color Characteristics | Texture Characteristics | Structure Characteristics | Typical Price Range (CNY/gram) | Investment Advice |
| :------------ | :------------------ | :-------------------- | :-------------------- | :-------------------------- | :------------------------------- |
| High-end Fine | Spinach green, bright green | Oily, fine, warm | No or minimal structure | 10,000 - 50,000+ | Long-term holding, huge appreciation potential |
| Mid-range Quality | Apple green, emerald green | Good oiliness, relatively fine | Some structure | 1,500 - 8,000 | Suitable for medium to long-term collection, also for wearing |
| Ordinary-grade | Dark green, bluish green | General oiliness, slightly coarse | Obvious structure | 300 - 1,200 | Suitable for entry-level collection and daily wear |

V. Investment Advice

  • Prioritize High-end Fine Pieces: Investors with ample capital should prioritize collecting high-end fine Hetian Jasper, especially rare, extremely fine quality, flawless, and exquisitely crafted pieces. Such jasper has the strongest ability to preserve and increase value.

  • Focus on Mid-range Potential Stocks: For investors with limited budgets, consider mid-range quality jasper. Choose mid-priced jasper with pure color, oily and moist texture, no obvious flaws, and exquisite carving, which also has good appreciation potential in the future.

  • Emphasize Authenticity Verification and Certificates: When purchasing, always choose reputable merchants and request appraisal certificates issued by authoritative institutions to ensure the authenticity of the purchased jasper.

  • Learn Professional Knowledge: Gain in-depth knowledge of Hetian Jasper's origin, color, texture, structure, carving, and other professional aspects to improve your appreciation ability and avoid blind investment.

  • Long-term Holding Strategy: The value realization of Hetian Jasper is a long-term process. Investors are advised to adopt a long-term holding strategy and avoid short-term speculation.

  • Beware of Market Risks: The market has counterfeit products and speculation phenomena. Investors need to remain rational, be wary of excessively high or low quotations, and avoid being deceived.


Disclaimer: The data and analysis in this report are based on public market information and expert judgment, for reference only, and do not constitute any investment advice. Investors should independently judge and make decisions based on their own circumstances, and bear the risks themselves.