Q2 2024 Turquoise 'High-Ceramic Blue' Market Analysis Report

Q2 2024 Turquoise 'High-Ceramic Blue' Market Analysis Report

I. Market Overview and Price Data

In the second quarter of 2024, the 'High-Ceramic Blue' turquoise market generally showed a steady upward trend, with particularly strong price performance in premium and rare categories. The market's pursuit of high-quality turquoise remains undiminished, and the value recognition of collectible and investment-grade 'High-Ceramic Blue' has further increased.

Price Range:
* Ordinary High-Ceramic Blue (no or minimal matrix, pure color, medium-to-high ceramic degree): 500 - 1500 CNY/gram
* Premium High-Ceramic Blue (no matrix, pure and even color, extremely high ceramic degree, strong 'jade-like' feel): 1500 - 3000 CNY/gram
* Collectible High-Ceramic Blue (special patterns like Wulan flower, rapeseed yellow, or extremely pure and flawless, large carat weight): 3000 - 8000 CNY/gram, with some exceptional pieces even exceeding 10000 CNY/gram.

Price Fluctuation:
* This quarter, the price of ordinary High-Ceramic Blue increased by approximately 3-5% quarter-on-quarter.
* The price of premium High-Ceramic Blue increased by approximately 5-8% quarter-on-quarter.
* The price of collectible High-Ceramic Blue increased by approximately 8-15% quarter-on-quarter, with some rare categories showing even higher increases.

Trading Volume:
* The overall trading volume of 'High-Ceramic Blue' turquoise increased by approximately 10-15% quarter-on-quarter. Among them, online trading platforms (such as live e-commerce, professional cultural and antique apps) saw significant growth, and offline professional markets (such as Sihui in Guangdong, Shiyan in Hubei) also remained active.

II. Market Trend Analysis and Forecast

• Quality Reigns Supreme Continues: Market understanding of turquoise is maturing, and consumers and investors are more inclined to purchase high-quality, high-ceramic degree, un-optimized, and pure-colored 'High-Ceramic Blue'. This trend will continue to deepen in the future, with quality being the core factor determining price.


• Scarcity Value Highlighted: With the depletion of high-quality mines, natural un-optimized high-ceramic blue turquoise resources are becoming increasingly scarce. Particularly large-carat, evenly colored, flawless 'High-Ceramic Blue' material, its scarcity will further drive up its market value.


• Enhanced Cultural and Artistic Added Value: As a gemstone with profound cultural heritage, the artistic processing and cultural connotation of turquoise will bring higher added value. High-ceramic blue turquoise in the form of carvings, inlaid jewelry, etc., if exquisitely designed and skillfully crafted, will be more favored by the market.


• Integrated Online and Offline Development: The popularization of new media channels such as live streaming and short videos has greatly expanded the sales and dissemination channels for turquoise. In the future, the integrated online and offline sales model will become more mature, providing consumers with more diversified purchasing experiences.


• Future Forecast: It is expected that the 'High-Ceramic Blue' turquoise market will maintain steady growth in the next six months to a year. Especially for collectible and investment-grade high-quality products, there is still considerable room for price appreciation. The price of ordinary quality 'High-Ceramic Blue' will remain relatively stable, but if market supply increases, it may face some price pressure.

III. Price Comparison of Different Quality Grades

| Quality Grade | Color Purity | Ceramic Degree | Matrix Condition | Carat Weight Range (single piece) | Average Price (CNY/gram) | Typical Application Scenarios |
| :----------------- | :----------- | :------------- | :--------------- | :------------------------ | :------------------------ | :----------------------------------- |
| Ordinary High-Ceramic Blue | Pure | Medium-to-high | Minimal or none | 5-20g | 800-1200 | Beaded strings, small carvings, entry-level hand pieces |
| Premium High-Ceramic Blue | Pure & even | Extremely high | None | 10-50g | 1800-2500 | Premium beaded strings, mid-to-high-end carvings, inlays |
| Collectible High-Ceramic Blue | Extremely pure | Extreme | None | 20g+ | 3500-6000+ | Top-tier carvings, heirloom hand pieces, investment collection |

IV. Investment Advice

• Prioritize High Quality: Investment in 'High-Ceramic Blue' turquoise should always be centered on quality. Prioritize natural raw ore with high ceramic degree, pure and even color, no or very little matrix, and no optimization treatment. Although the initial investment cost is higher, its potential for value preservation and appreciation is greater.


• Focus on Scarcity: For 'High-Ceramic Blue' with special patterns (such as Wulan flower, rapeseed yellow) or large carat weight and perfect appearance, its scarcity determines its higher collection value and investment return. Such products are often hot spots in the market.


• Distinguish Authenticity and Optimization: There are a large number of turquoise pieces in the market that have undergone optimization treatments such as resin impregnation, injection, and dyeing. Investors must improve their ability to distinguish, choose reputable merchants, and request authoritative appraisal certificates to ensure the purchase of natural un-optimized 'High-Ceramic Blue'.


• Long-Term Holding Strategy: As a non-renewable resource, the value of turquoise has a long-term growth trend. It is recommended to adopt a long-term holding strategy and avoid short-term speculative behavior.


• Diversified Allocation: If conditions permit, consider including turquoise as part of asset allocation, combining it with other investment categories to diversify risk.

Risk Warning: The turquoise market is affected by various factors such as supply and demand, macroeconomics, and consumer preferences, and prices are subject to volatility. Investment carries risks, so caution is advised. This report is for reference only and does not constitute any investment advice.