Q2 2024 Market Analysis Report for Jadeite (Ice-Kind)

I. Market Overview

In the second quarter of 2024, the market for Ice-Kind Jadeite generally showed a steady upward trend. Despite global economic uncertainties, the investment and collection value of Ice-Kind Jadeite, as a rare resource and a symbol of Eastern culture, continues to be sought after. Market trading activity slightly increased compared to the previous quarter, with notable performance in both transaction volume and price, especially in the mid-to-high-end fine product segment.

II. Price Data Analysis

This quarter, the price range for Ice-Kind Jadeite was broad, primarily influenced by factors such as clarity (种水), color, carving, and flaws. The following are price data for key categories:

* Ordinary Ice-Kind (Colorless/Slightly Floating Flowers):
* Bangles (Inner Diameter 54-58mm): Market average price ranged from 50,000 to 200,000 RMB. Prices rose by approximately 3% quarter-on-quarter, mainly due to increased raw material costs and stable market demand.
* Pendants/Cabochons (1-5 grams): Market average price ranged from 10,000 to 80,000 RMB. Prices rose by approximately 2.5% quarter-on-quarter, with good liquidity for smaller fine pieces.
* High Ice-Kind (Colorless/Slightly Floating Flowers):
* Bangles (Inner Diameter 54-58mm): Market average price ranged from 200,000 to 800,000 RMB. Prices rose by approximately 4% quarter-on-quarter, with some bangles of exceptional clarity and luminescence even exceeding one million RMB. Transaction volume increased by 15% year-on-year.
* Pendants/Cabochons (1-5 grams): Market average price ranged from 50,000 to 300,000 RMB. Prices rose by approximately 3.5% quarter-on-quarter, with active trading for fine pieces.
* Ice-Kind with Color (e.g., Ice-Kind Imperial Green, Ice-Kind Lavender):
* Bangles (Inner Diameter 54-58mm): Market average price ranged from 500,000 to over 3,000,000 RMB. Prices rose by approximately 5%-8% quarter-on-quarter, with Ice-Kind Imperial Green bangles showing the most significant increase. Rare colored small pendants, such as high Ice-Kind Imperial Green, can even reach several million RMB. Transaction volume increased by 20% year-on-year.
* Pendants/Cabochons (1-5 grams): Market average price ranged from 100,000 to over 1,000,000 RMB. Prices rose by approximately 4%-7% quarter-on-quarter, with high-quality colored cabochons and pendants being market hotspots.

Transaction Volume:

Overall transaction volume for Ice-Kind Jadeite increased by approximately 8% compared to the previous quarter. Online auctions and live streaming platforms contributed most of this growth, especially for mid-to-low-end Ice-Kind and some high-value-for-money high Ice-Kind products.

III. Market Trend Analysis and Forecast

  • Scarcity Drives Price Increase: The increasing difficulty in mining high-quality jadeite rough further highlights the scarcity of high-quality Ice-Kind Jadeite, which will be a core factor supporting its long-term value growth.

  • Younger Consumer Base: With increased cultural confidence and evolving aesthetics, more young consumers are beginning to pay attention to and purchase jadeite, especially favoring fashionable designs and clear, translucent Ice-Kind jadeite jewelry, injecting new vitality into the market.

  • Accelerated Integration of Online and Offline: The rise of new retail models such as live streaming and short videos has broadened jadeite sales channels and improved market circulation efficiency. In the future, the integration of online and offline will deepen, providing consumers with more diverse purchasing experiences.

  • Growth in Personalized Customization Demand: Consumers' pursuit of uniqueness and personalization is growing stronger, and customized Ice-Kind Jadeite jewelry will become a new growth point.

  • High-Quality Ice-Kind Jadeite Remains an Investment Hotspot: Ice-Kind Jadeite with excellent clarity, pure color, and exquisite carving, especially high Ice-Kind or colored Ice-Kind, still demonstrates strong value preservation and appreciation capabilities. Prices are expected to continue to rise steadily in the future.


IV. Price Comparison of Different Quality Grades

* Ordinary Ice-Kind: High market circulation, relatively affordable prices, suitable for entry-level collection and daily wear. The main focus is on whether its clarity reaches an 'ice' feel and if there are any obvious flaws.
* High Ice-Kind: Better clarity, showing 'gel' and 'luminescence' effects, high transparency, making it a key focus for collection and investment. The price range is wide, requiring careful discernment of subtle differences.
* Ice-Kind with Color: Highest value, especially revered for Imperial Green and Lavender. Color saturation, uniformity, and hue are crucial in determining its value. This type of jadeite is often sought after by collectors and high-end investors.

V. Investment Recommendations

  • Prioritize High-Quality Ice-Kind: For investment, prioritize Ice-Kind Jadeite with excellent clarity, 'gel' and 'luminescence' effects, no cracks, pure color, and exquisite carving, especially high Ice-Kind or colored Ice-Kind fine pieces, which have stronger resistance to depreciation and appreciation potential.

  • Focus on Rare Colors: Rare colored Ice-Kind Jadeite such as Ice-Kind Imperial Green, Ice-Kind Lavender, and Ice-Kind Blue Water have higher collection value and investment returns due to their scarcity.

  • Emphasize Certificates and Provenance: When purchasing, always request authoritative appraisal certificates and understand information such as the origin and processing techniques of the jadeite to ensure its authenticity and quality.

  • Long-Term Holding Strategy: Jadeite investment is a long-term investment. While price fluctuations may be significant in the short term, the value of high-quality jadeite will continue to grow in the long run.

  • Diversified Allocation: For investors with ample funds, consider including Ice-Kind Jadeite as part of asset allocation to diversify risks.


Conclusion: The Ice-Kind Jadeite market performed steadily in Q2 2024. The scarcity and cultural value of high-quality Ice-Kind Jadeite will continue to support its price increase. Investors should rationally analyze the market, choose fine pieces with high collection value and investment potential to achieve asset preservation and appreciation.