Q2 2024 Turquoise 'High-Porcelain Blue' Market Analysis Report

Q2 2024 Turquoise 'High-Porcelain Blue' Market Analysis Report

I. Market Overview and Price Trends

In Q2 2024, the market for 'High-Porcelain Blue' turquoise generally showed a steady upward trend, particularly in the high-end boutique sector, where prices performed strongly. Driven by factors such as increasing scarcity of origin resources, rising mining costs, and enhanced consumer awareness of high-quality turquoise, demand for 'High-Porcelain Blue' remained robust. This quarter, market transaction volume slightly increased compared to the previous quarter, but the growth rate slowed, indicating that the market has entered a period of rational adjustment.

Price Range:

* Standard High-Porcelain Blue (no or minimal iron lines, uniform color): 2,000 - 5,000 RMB/gram
* Premium High-Porcelain Blue (high degree of 'jadeification', pure color, no iron lines, excellent luster): 5,000 - 12,000 RMB/gram
* Collector-Grade High-Porcelain Blue (top-tier 'jadeification', sky blue or high blue, flawless, large carat weight or special shape): 12,000 - 30,000 RMB/gram, or even higher

Price Fluctuation:

* Compared to the previous quarter, prices for standard High-Porcelain Blue increased by approximately 3% - 5%.
* Prices for premium High-Porcelain Blue increased by approximately 5% - 8%.
* Prices for collector-grade High-Porcelain Blue increased by approximately 8% - 15%, with some rare large pieces seeing even higher gains.

Trading Volume:

* The estimated total online and offline transaction volume for 'High-Porcelain Blue' turquoise this quarter was 1,500 - 2,000 kg (primarily referring to rough and semi-finished materials, finished piece count is difficult to quantify).
* Among these, premium and collector-grade High-Porcelain Blue accounted for approximately 60% - 70% of the total transaction value, indicating a market preference for high-quality products.

II. Market Trend Analysis and Forecast

• Scarcity Drives Continuous Price Increases: As a non-renewable resource, especially top-quality 'High-Porcelain Blue', its scarcity is the core driver supporting price increases. With the depletion of high-quality mines, the price of 'High-Porcelain Blue' will continue to rise in the future.


• Upgraded Consumer Aesthetics: Market perception of turquoise has shifted from merely 'color' to a comprehensive evaluation of 'porcelain quality, jadeification, clarity, and color'. High-porcelain, high-blue, and well-jadeified turquoise will be more sought after.


• Branding and Traceability: With market standardization, turquoise products with authoritative appraisal certificates and origin traceability information will become more popular, and brand premium effects will gradually emerge.


• Enhanced Investment Attributes: Turquoise is no longer just an ornament; its investment and collection value are increasingly prominent. Especially under inflation expectations, the role of physical assets in preserving and increasing value will attract more investors.


• Future Forecast: It is expected that in the second half of 2024, the 'High-Porcelain Blue' turquoise market will continue to maintain steady growth. Prices for premium and collector-grade 'High-Porcelain Blue' still have significant room for appreciation, with increases likely to remain in the 5% - 10% range. Price increases for standard 'High-Porcelain Blue' will stabilize but still show a slight upward trend. The market will pay more attention to product quality, craftsmanship, and cultural connotation.

III. Price Comparison of Different Quality Grades

| Quality Grade | Porcelain/Jadeification | Color | Iron Lines/Impurities | Typical Price Range (RMB/gram) | Remarks |
| :-------------------- | :--------------------- | :----------------- | :-------------------- | :----------------------------- | :------------------------------------------- |
| Standard High-Porcelain Blue | High porcelain, slight jadeification | Uniform blue | Few or none | 2,000 - 5,000 | Mainstream market circulation, high cost-performance |
| Premium High-Porcelain Blue | High porcelain, semi-jadeification | Pure sky blue/high blue | None | 5,000 - 12,000 | Has certain collection value, excellent wearing effect |
| Collector-Grade High-Porcelain Blue | Top-tier jadeification | Ultimate sky blue/high blue | None | 12,000 - 30,000+ | Rare treasures, high investment value, large future appreciation potential |

IV. Investment Recommendations

• Prioritize Premium and Collector-Grade: For investment and collection purposes, it is recommended to prioritize premium and collector-grade 'High-Porcelain Blue' turquoise. These products not only have higher scarcity and aesthetic appeal but also possess far greater potential for value preservation and appreciation than ordinary quality.


• Focus on Jadeification: The degree of jadeification is an important indicator of turquoise quality. The higher the jadeification, the better its stability and oily luster, and the higher its value. Within budget, try to choose products with a high degree of jadeification.


• Emphasize Color and Clarity: Pure, uniform sky blue or high blue is the hallmark of 'High-Porcelain Blue'. Ensure there are no obvious iron lines, impurities, or white spots. The purer the color and the higher the clarity, the greater the value.


• Choose Reputable Dealers: When purchasing, be sure to choose dealers with a good reputation and who provide authoritative appraisal certificates to avoid buying treated, glued, or counterfeit products.


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


• Learn Identification Knowledge: Investors should actively learn turquoise identification knowledge to improve their discernment ability and make more informed investment decisions.

Summary: The 'High-Porcelain Blue' turquoise market performed steadily in Q2 2024, with high-end products continuing to lead price increases. Driven by resource scarcity and consumption upgrades, its investment and collection value will be further highlighted. Investors are advised to focus on quality, choose reputable dealers, and adopt a long-term holding strategy to achieve better returns.