Q2 2024 Market Analysis Report for Jadeite Oil-Green Variety

Abstract: In Q2 2024, the market for jadeite oil-green variety generally showed a steady upward trend, particularly in the mid-to-high-end quality segments, where prices remained firm. Market activity increased compared to the previous quarter, with transaction volumes growing steadily. Consumer acceptance of the oil-green variety continues to rise, and its unique color and cost-effectiveness make it a focal point in the market. It is expected that the oil-green market will remain active in the coming period, with its investment value gradually emerging.

I. Price Data Analysis

The market price range for jadeite oil-green variety in this quarter is broad, mainly influenced by factors such as clarity (zhongshui), color saturation, purity, and carving craftsmanship. Below are the price data for key quality grades:

* Common Oil-Green Variety (General clarity, darker color, with cotton/fissures):
* Price Range: 500 - 3,000 CNY/piece (bracelets, pendants)
* Average Price: 1,500 CNY/piece
* Price Change: Flat quarter-on-quarter (-0.5% - +1.0%)
* Trading Volume: Approximately 45% of total market transactions, mainly targeting entry-level consumers.

* Mid-Grade Oil-Green Variety (Decent clarity, even color, minor cotton/fissures):
* Price Range: 3,000 - 15,000 CNY/piece (bracelets, pendants, bead necklaces)
* Average Price: 8,000 CNY/piece
* Price Change: Up 3% - 8% quarter-on-quarter
* Trading Volume: Approximately 35% of total market transactions, forming the main body of market trading.

* High-Grade Oil-Green Variety (Ice-jade or glutinous-ice jade, rich and even color, no visible cotton/fissures):
* Price Range: 15,000 - 80,000 CNY/piece (bracelets, plaques, cabochons)
* Average Price: 40,000 CNY/piece
* Price Change: Up 5% - 12% quarter-on-quarter
* Trading Volume: Approximately 15% of total market transactions, with stable demand and relatively scarce supply.

* Top-Grade Oil-Green Variety (High-ice jade or glass-jade, deep and pure color, flawless, master carving):
* Price Range: Above 80,000 CNY/piece, even hundreds of thousands (collector-grade bracelets, carvings)
* Average Price: 150,000 CNY/piece (limited sample size, for reference only)
* Price Change: Up 8% - 15% quarter-on-quarter
* Trading Volume: Approximately 5% of total market transactions, considered rare items with weaker liquidity but significant value growth potential.

Overall Market Trading Volume: The overall trading volume for jadeite oil-green variety increased by approximately 10-15% quarter-on-quarter, indicating a significant increase in market activity.

II. Market Trend Analysis and Forecast

  • Cost-Effectiveness Highlights: Compared to imperial green or vibrant green jadeite of similar clarity, the oil-green variety offers more approachable prices, making it an ideal choice for consumers with limited budgets who still seek high-clarity jadeite. This cost-effectiveness will continue to drive market demand.

  • Diversified Aesthetics: With the diversification of consumer aesthetics, the deep and understated color of the oil-green variety is gradually being accepted and loved by more people. Its unique 'oily luster' and calm temperament stand out in the market.

  • Increasing Collection Value: High-quality ice-jade and glass-jade oil-green varieties, especially those with even color and no flaws, are becoming increasingly scarce, and their collection value is gradually being recognized by the market.

  • Active Online Trading: With the rise of live e-commerce and short video platforms, online sales channels for oil-green jadeite are maturing, expanding market reach and promoting transaction growth.

  • Future Forecast: It is expected that the jadeite oil-green market will continue to maintain steady growth over the next six months to a year. Prices for mid-to-high-grade oil-green jadeite are likely to see further small increases, while the scarcity of top-grade oil-green jadeite will support its high price points and attract more collectors. Prices for common oil-green jadeite will remain stable, but with limited appreciation potential.


III. Investment Advice

  • Focus on Mid-to-High-Grade Fine Pieces: For investors, it is advisable to focus on mid-to-high-grade oil-green jadeite with ice-jade or glutinous-ice jade clarity, rich and even color, and no obvious flaws. These products offer both wearable value and investment potential, with significant future appreciation space.

  • Emphasize Clarity and Purity: When purchasing oil-green jadeite, clarity (zhongshui) and purity are key factors determining its value. Prioritize products with good clarity and no visible cotton/fissures, as their value will far exceed those with poor clarity and numerous cotton/fissures, even if the color is slightly darker.

  • Beware of Enhanced Treatments: There are some treated oil-green jadeite products on the market, such as those with resin filling or dyeing. Investors should choose reputable merchants and request authoritative appraisal certificates to ensure they purchase natural A-grade goods.

  • Long-Term Holding Strategy: Jadeite investment is a long-term endeavor, and the value growth of oil-green jadeite also requires time to accumulate. Investors are advised to adopt a long-term holding strategy, patiently awaiting the further realization of its value.

  • Diversified Allocation: For eligible investors, oil-green jadeite can be part of a diversified jadeite investment portfolio, alongside other varieties such as black jadeite (mocui) and white-bottom green (baidigqing), to mitigate risks.


Conclusion: Jadeite oil-green variety, with its unique charm and increasingly prominent cost-effectiveness, holds an important position in the current jadeite market. Whether for personal wear or investment collection, high-quality oil-green jadeite shows promising market prospects and appreciation potential. Consumers and investors are advised to conduct thorough research and make cautious choices when purchasing to achieve satisfactory returns.