Q2 2024 Market Analysis Report for Imperial Jadeite - Glass Type

Abstract: In Q2 2024, the market for Imperial Jadeite (Glass Type) showed overall steady growth. The scarcity of high-end, premium resources became even more pronounced, leading to continued price increases. Mid-to-low-end glass-type jadeite experienced minor price fluctuations due to economic conditions, but trading volume saw a recovery. Investor confidence in glass-type jadeite remains high, with optimistic market expectations for the future.

I. Market Price Data Analysis

This quarter, market prices for Imperial Jadeite (Glass Type) continued their upward trend, particularly for high-quality, large-carat premium glass-type jadeite, which saw significant increases. Below are the detailed price ranges and changes for different quality grades:

* Top-tier Glass Type (strong fluorescence, good gel-like texture, no cotton/inclusions, pure and vibrant color):
* Price Range: 500,000 RMB/carat - 3,000,000+ RMB/carat (or priced per piece, with individual pieces reaching tens of millions or even hundreds of millions of RMB).
* Price Change: Increased by 8% - 15% quarter-on-quarter.
* Trading Volume: Slightly decreased compared to the previous quarter, mainly due to resource scarcity, but each transaction involved substantial amounts.

* High-quality Glass Type (good fluorescence, good gel-like texture, minor cotton/inclusions, pure and vibrant or rich color):
* Price Range: 100,000 RMB/carat - 500,000 RMB/carat.
* Price Change: Increased by 5% - 8% quarter-on-quarter.
* Trading Volume: Remained stable, with strong market demand.

* Medium-quality Glass Type (average fluorescence or gel-like texture, some cotton/inclusions, slightly pale or uneven color):
* Price Range: 20,000 RMB/carat - 100,000 RMB/carat.
* Price Change: Increased by 2% - 5% quarter-on-quarter.
* Trading Volume: Increased compared to the previous quarter, as some investors shifted to the mid-range market to find value opportunities.

* Low-end Glass Type (close to glass type in clarity, but with noticeable cotton/inclusions, less desirable color, or impurities):
* Price Range: 5,000 RMB/carat - 20,000 RMB/carat.
* Price Change: Increased by 0% - 2% quarter-on-quarter.
* Trading Volume: Significantly recovered, becoming a popular choice for entry-level collection and wearing.

Overall Average Price: Approximately 150,000 RMB/carat.
Overall Price Increase: Approximately 6.5% quarter-on-quarter.
Overall Trading Volume: Increased by approximately 10% compared to the previous quarter.

II. Market Trend Analysis and Forecast

  • Scarcity-Driven Price Increases: The difficulty of mining and the continuously decreasing output of high-quality jadeite rough stones have led to increasing scarcity of glass-type jadeite, especially top-tier ones. This supply-demand imbalance is the core factor driving price increases, and this trend is expected to continue.

  • Prominence of Collection and Investment Value: Against the backdrop of increased global economic uncertainty, high-quality Imperial Jadeite (Glass Type) is further recognized by the market as a hard currency and a value-preserving and appreciating asset. Its unique cultural and artistic value also attracts high-end collectors and investors.

  • Market Differentiation Intensifies: High-end, premium glass-type jadeite will continue its strong upward momentum, while price fluctuations for mid-to-low-end glass-type jadeite will be relatively stable, but trading volume is expected to continue growing to meet the needs of a wider consumer base.

  • Online Transactions and Live Streaming Sales: With technological advancements, online platforms and live streaming sales are playing an increasingly important role in jadeite transactions, especially in the mid-to-low-end market, improving market circulation efficiency and transparency.

  • Future Forecast: It is expected that in the second half of 2024, the market for Imperial Jadeite (Glass Type) will continue to show steady growth, with further price increases for high-end premium items. However, vigilance is needed regarding the impact of global economic downturn risks on consumer spending power and potential localized bubbles caused by market speculation.


III. Investment Recommendations

  • Prioritize Top-tier Premium Items: For investors with ample capital, priority should be given to top-tier glass-type jadeite. Although the entry barrier is high, their value preservation and appreciation capabilities are the strongest, and they offer the best risk resistance. When selecting, focus on clarity, color, purity, craftsmanship, and carat weight.

  • Focus on High-Quality Potential Stocks: For investors with limited budgets, consider high-quality glass-type jadeite with minor flaws that do not significantly affect overall aesthetics. Their prices are relatively more advantageous, and they still have significant appreciation potential in the future.

  • Avoid Low-end Speculation: Although trading volume for low-end glass-type jadeite has recovered, its appreciation potential is limited, and the market is mixed. Novice investors should exercise caution and avoid blindly following trends.

  • Professional Appraisal and Channels: Regardless of the quality of Imperial Jadeite (Glass Type) invested in, it is crucial to purchase through legitimate channels and seek certification from professional appraisal institutions to ensure authenticity and quality.

  • Long-Term Holding Strategy: Jadeite investment is a long-term value investment and should not aim for short-term profits. Investors should be patient and hold for 3-5 years or more to better enjoy its value growth.


Risk Warning: The jadeite market is influenced by various factors, including rough stone supply, economic environment, and market preferences. Investment carries risks, so exercise caution when entering the market.