Q2 2024 Market Analysis Report for Jadeite Oil-Green Variety

I. Market Overview
In Q2 2024, the jadeite oil-green variety market generally showed a steady upward trend. Influenced by global economic recovery expectations and sustained consumer enthusiasm for natural gemstone investment, oil-green jadeite, as a stable force in the mid-to-high-end market, continued to increase in value and attention. However, market differentiation became increasingly apparent, with high-quality oil-green jadeite being highly sought after, while ordinary quality faced certain sales pressure.

II. Price Data Analysis
Market price performance of oil-green jadeite in this quarter is as follows:

* Price Range:
* Ordinary quality oil-green jadeite (bangles, pendants, etc.): CNY 2,000 - 15,000/piece.
* Medium quality oil-green jadeite (good clarity and texture, uniform color): CNY 15,000 - 80,000/piece.
* High quality oil-green jadeite (old mine material, fine texture, rich and uniform color): CNY 80,000 - 500,000/piece, or even higher.

* Price Change:
* Overall Price: Compared to the previous quarter, the average price increased by approximately 3% - 5%.
* High Quality Oil-Green Jadeite: The increase was more significant, reaching 5% - 8%, with some rare exquisite pieces seeing an increase of over 10%.
* Ordinary Quality Oil-Green Jadeite: Price fluctuations were small, largely stable or slightly up by 1% - 2%.

* Trading Volume:
* Online Trading Platforms: Trading volume increased by approximately 8% quarter-on-quarter, mainly concentrated in low-to-mid-end and some cost-effective mid-to-high-end products.
* Offline Physical Stores/Auctions: Trading volume increased by approximately 5% quarter-on-quarter, with active transactions for high-end exquisite pieces, indicating collectors' pursuit of scarce resources.
* Total Transaction Value: The total transaction value for oil-green jadeite in this quarter is estimated to reach approximately CNY 500-800 million.

III. Market Trend Analysis and Forecast

  • Intensified Quality Differentiation: Demand for high-quality oil-green jadeite remains strong, with its scarcity and value appreciation attributes driving prices higher. Ordinary quality oil-green jadeite faces homogeneous competition, with limited price appreciation potential.

  • Consumer Aesthetic Trends: As consumers' knowledge of jadeite becomes more widespread, the appreciation for the “oily luster” and “subtle beauty” of oil-green jadeite has increased, especially for those with excellent clarity, fine texture, and deep, non-dull color.

  • Online-Offline Integration: Online live streaming, short videos, and other new media channels have become important sales and promotion platforms, expanding market boundaries. Offline physical stores and auctions continue to play a crucial role in high-end exquisite transactions and trust building.

  • Prominent Investment Attribute: Against the backdrop of increasing economic uncertainty, jadeite, as a hard currency with cultural attributes and scarcity, is recognized for its investment value by more people, especially high-quality oil-green jadeite.


Forecast: It is expected that the oil-green jadeite market will continue to maintain steady growth in the next one to two quarters. Prices for high-quality oil-green jadeite may still have upward potential, but the increase might stabilize. Prices for ordinary quality oil-green jadeite will remain stable, but sales competition will be fiercer. Consumers will pay more attention to cost-effectiveness and the authority of appraisal certificates.

IV. Price Comparison of Different Quality Grades

* Entry-level Oil-Green Jadeite (darker color, average clarity and texture, minor impurities or cracks): CNY 2,000 - 8,000. Primarily for daily wear or as initial collection pieces.
* Mid-to-high-grade Oil-Green Jadeite (decent clarity and texture, good color uniformity, no obvious flaws): CNY 15,000 - 50,000. Mainstream market products, with certain wearing and collection value.
* Fine Oil-Green Jadeite (old mine material, fine texture, glowing effect, deep and uniform color, flawless): CNY 80,000 - 300,000. Possesses high collection and investment value, with good market liquidity.
* Collector-grade Oil-Green Jadeite (ultimate old mine, glass or ice variety, rich and pure color, strong glowing effect, exquisite design): Above CNY 300,000. Rare treasures with extremely high artistic value and investment return potential.

V. Investment Advice

  • Focus on High Quality: For investors, prioritize high-quality oil-green jadeite with excellent clarity, fine texture, pure color, and no obvious flaws. Such products not only have strong value preservation and appreciation capabilities but also good market liquidity.

  • Pay Attention to Scarcity: Old mine material, oil-green jadeite with unique charm or special craftsmanship, are more valuable for collection. Within budget, consider these rare items.

  • Be Cautious with Ordinary Quality: While ordinary quality oil-green jadeite is affordable, its appreciation potential is limited, making it more suitable for daily wear than investment.

  • Professional Appraisal is Essential: When purchasing, always seek appraisal certificates from authoritative institutions to ensure the naturalness and quality grade of the jadeite.

  • Long-Term Holding Strategy: Jadeite investment is a long-term investment; short-term fluctuations should not be overly concerned. A long-term holding strategy is recommended to achieve more stable returns.

  • Understand Market Conditions: Continuously monitor market dynamics and price trends to make more informed investment decisions.