【Beijing, November 15, 2026】The highly anticipated Poly 2026 Autumn Auction successfully concluded yesterday, with the “Splendid Green Glow – High-End Bi Yu Jade Masterpiece Session” performing exceptionally well. The total transaction value reached RMB 185 million, with a remarkable sell-through rate of 92.3%, once again affirming the strong resilience and recovery trend of the high-end jade market. This special session featured 120 meticulously selected Bi Yu jade lots, encompassing various forms such as bracelets, pendants, carvings, and vessels, attracting fierce bidding from numerous seasoned collectors and institutions both domestically and internationally.
Transaction Data Highlights:
In this Bi Yu jade special session, several lots sold for prices significantly exceeding their estimates, setting new transaction records for similar items in recent years. Among them, a 2.5-kilogram “Xinjiang Hetian Bi Yu Jade Mountain Carving 'Seeking Wisdom Under Pine Trees'” was hammered at RMB 38 million, a 52% premium over its lowest estimate (RMB 25 million), making it the highest-priced lot of the session. Another “Russian Bi Yu Jade 'Wealth and Peace' Bracelet,” with its delicate texture and rich spinach-green color, soared from an opening bid of RMB 5 million to RMB 12.5 million, an increase of 150%. Additionally, a batch of innovatively designed and exquisitely crafted Bi Yu jade pendants also performed well, with an average transaction price increasing by approximately 15% compared to the same period last year. Overall, the average unit price of Bi Yu jade lots in this session reached RMB 1.54 million, an increase of about 20% compared to the same special session in last year's autumn auction.
Market Analysis and Trend Prediction:
Li Ming, a senior jade market analyst, stated: “The success of this Poly autumn auction's Bi Yu jade special session sends several clear market signals. Firstly, top-quality Bi Yu jade, especially premium materials from Xinjiang Hetian and Russia, remains the focus of collectors due to its scarcity and value preservation/appreciation attributes. Secondly, the market's aesthetic and value judgment for jade has matured; collectors are no longer blindly pursuing large pieces but are paying more attention to jade quality, craftsmanship, creativity, and cultural connotations. Thirdly, after several years of market adjustments, the high-end jade market has bottomed out and rebounded, with investment confidence significantly strengthened. We anticipate that in the next two years, the price of high-quality Bi Yu jade will continue to maintain a steady upward trend, with an average annual increase expected to reach 10%-15%.”
Expert Commentary and Market Participant Views:
Professor Wang, Vice President of the China Jade Culture Research Association, pointed out in an interview: “The booming success of this Bi Yu jade special session is not accidental. On one hand, Poly Auction invested significant effort in soliciting and selecting lots, ensuring the quality and rarity of the items. On the other hand, the gradual stabilization of the global economic environment and the resurgence of collecting enthusiasm driven by the revival of traditional Chinese culture have provided strong support for the jade market. Particularly, the rising recognition of jade culture and purchasing power among the younger generation of collectors, who tend to collect modern designed jade articles that combine artistry and practicality, has injected new vitality into the Bi Yu jade market.”
An anonymous senior collector commented: “I have been following the Bi Yu jade market for many years, and the performance of this Poly autumn auction exceeded my expectations. A few years ago, Bi Yu jade received less attention than white jade, but now, with the increasing depletion of high-quality Bi Yu jade resources, its value is being re-evaluated. I believe now is a good time to invest in high-quality Bi Yu jade, especially those pieces with mature jade quality, pure color, and exquisite carving, which have huge appreciation potential in the future.”
In summary, the brilliant achievements of the Poly 2026 Autumn Auction's Bi Yu jade special session not only injected a strong boost into the entire jade market but also signaled a new golden era for high-end jade collection. Collectors' enthusiasm for exquisite Bi Yu jade remains strong, market confidence continues to soar, and the future development prospects of the Bi Yu jade market are highly anticipated.