Q2 2024 Turquoise (High-Porcelain Green) Market Analysis Report

Q2 2024 Turquoise (High-Porcelain Green) Market Analysis Report

Abstract: In Q2 2024, the high-porcelain green turquoise market generally showed a steady upward trend. The scarcity of high-end exquisite resources became more prominent, with prices remaining firm and experiencing slight increases. Transaction volumes in the mid-to-low end market saw a slight decline, but prices remained stable. Investors need to pay attention to origin policies, market demand changes, and quality identification capabilities.

I. Market Overview and Price Data

This quarter, the high-porcelain green turquoise market exhibited a clear polarization. Top-tier high-porcelain green (such as Wulan Hua, Cai Zi Huang, etc.), due to its rarity and unique aesthetic appeal, experienced strong market demand and continuous price increases. In contrast, ordinary high-porcelain green, especially materials with average appearance and more flaws, saw a decrease in market activity.

* Price Range:
* Top-tier High-Porcelain Green (e.g., Wulan Hua, Cai Zi Huang): 800-2500 CNY/gram (some exceptional pieces even exceeding 3000 CNY/gram)
* Premium High-Porcelain Green (high porcelain, pure color, no obvious iron lines): 300-800 CNY/gram
* Ordinary High-Porcelain Green (acceptable porcelain, slightly lighter color or minor iron lines): 100-300 CNY/gram

* Price Change:
* Top-tier High-Porcelain Green: Approximately 5%-10% increase quarter-on-quarter
* Premium High-Porcelain Green: Approximately 2%-5% increase quarter-on-quarter
* Ordinary High-Porcelain Green: Flat or slight decrease of 0%-2% quarter-on-quarter

* Trading Volume:
* Top-tier High-Porcelain Green: Active trading, but limited actual volume due to resource scarcity.
* Premium High-Porcelain Green: Stable trading volume, high market acceptance.
* Ordinary High-Porcelain Green: Trading volume decreased by approximately 10%-15% quarter-on-quarter, with growing market wait-and-see sentiment.

II. Market Trend Analysis and Forecast

• Scarcity Drives High-End Market: As high-quality turquoise raw material resources become increasingly depleted, especially top-grade high-porcelain green, its scarcity will be the core driver supporting continuous price increases. This trend will become more pronounced in the future, further enhancing the collection and investment value of exquisite turquoise.


• Upgraded Consumer Aesthetics: Market awareness of turquoise is continuously improving, and consumers' demands for quality are also increasing. High-porcelain, high-blue, and turquoise with no iron lines or beautifully distributed iron lines are more favored, which will push the market towards a more refined and higher-quality direction.


• Impact of Origin Policies: Mining policies and environmental regulations in major producing areas like Hubei are becoming increasingly stringent, leading to a reduction in raw stone supply. This will support turquoise prices in the long term. Any policy changes could cause market fluctuations.


• Integration of Online and Offline: The rise of online live streaming, short videos, and other sales channels provides more convenience for turquoise transactions but also intensifies market competition. In the future, the integration of online and offline will be the mainstream trend, and branded, professional operations will have a greater advantage.


• Future Forecast: It is expected that over the next six months, the price of top-tier high-porcelain green will continue to rise steadily, with an estimated increase of 3%-8%. Premium high-porcelain green prices will remain stable or see slight increases. The ordinary high-porcelain green market may face some pressure, with increased price volatility, but a significant decline is unlikely, primarily due to overall resource scarcity.

III. Price Comparison of Different Quality Grades

| Quality Grade | Porcelain Level | Color | Iron Line Condition | Price Range (CNY/gram) | Typical Characteristics |
| :------------------- | :--------------- | :---------------- | :---------------------- | :--------------------- | :-------------------------------------------------------- |
| Top-tier High-Porcelain Green | Extremely High (Jade-like) | Pure, rich green/blue-green | None or Wulan Hua/Cai Zi Huang pattern | 800-2500+ | Fine texture, warm luster, highly collectible |
| Premium High-Porcelain Green | High | Pure green/blue-green | Few or inconspicuous | 300-800 | Good porcelain, pleasing color, strong market liquidity |
| Ordinary High-Porcelain Green | Acceptable | Light green/grey-green | Few or noticeable | 100-300 | Meets high-porcelain standard, but color or iron lines are slightly inferior |
| Mid-to-Low Porcelain Green | Medium | Lighter/greyer | Many or thick | 30-100 | Average porcelain, less desirable color, often used for entry-level or accessories |

IV. Investment Advice

• Focus on Exquisite Pieces: For investment or collection purposes, it is recommended to prioritize top-tier or premium high-porcelain green. These products not only have higher potential for value preservation and appreciation but also greater ornamental and wearable value. Avoid blindly pursuing low prices and be wary of inferior products disguised as high quality.


• Emphasize Quality Identification: Quality is the core of turquoise investment. It is crucial to learn and master turquoise identification knowledge, including porcelain level, color, iron lines, and whether it has undergone optimization treatment. If necessary, seek appraisal certificates from professional institutions.


• Pay Attention to Origin and Merchant Reputation: Understand the origin information of turquoise and choose reputable merchants with legitimate channels for purchase, avoiding products of unknown origin.


• Long-Term Holding Strategy: The value growth of turquoise is often a long-term process. Investors are advised to adopt a long-term holding strategy and avoid short-term speculation.


• Diversify Investments: The turquoise market is influenced by various factors. Investors are advised to include turquoise as part of a diversified investment portfolio and avoid over-concentration.

Risk Warning: The turquoise market carries risks such as price fluctuations, counterfeit products, and optimization treatment. Investors should fully understand the market and make cautious decisions before entering.