Q2 2024 Gansu NanHong Agate Market Analysis Report

I. Market Overview and Price Data

In the second quarter of 2024, the Gansu NanHong agate market generally showed a steady upward trend, particularly in high-quality materials and distinctive carvings, where market performance was striking. The prices of ordinary quality Gansu NanHong materials remained stable, while medium to high-quality products saw a slight increase. Market transaction volume increased slightly compared to the previous quarter, indicating sustained consumer interest and purchasing willingness for Gansu NanHong agate.

Price Data (Q2 2024)

* Rough Stone (per gram):
* Ordinary Quality (no cracks, average color, more impurities): 8 - 25 CNY/gram
* Medium Quality (few cracks, even color, fewer impurities): 30 - 80 CNY/gram
* High Quality (persimmon red, cherry red, no cracks, fine texture): 100 - 350 CNY/gram
* Top Quality (brocade red, ice float, full and rich, flawless): 400 - 1500 CNY/gram (or even higher, depending on specific appearance and weight)

* Finished Products (bracelets, carvings, etc., priced per piece):
* Ordinary Bracelets (8-10mm, ordinary material): 300 - 800 CNY/piece
* Medium to High Quality Bracelets (8-10mm, persimmon red, cherry red): 1500 - 5000 CNY/piece
* Fine Carvings (small, high-quality material): 3000 - 20000 CNY/piece
* Master-level or rare themed carvings: Above 50000 CNY/piece

* Price Fluctuations:
* Rough Stone: Ordinary quality largely stable, medium to high quality up by approximately 3-8%, top quality up by approximately 5-15%.
* Finished Products: Ordinary finished products stable, medium to high quality finished products up by approximately 5-10%, fine carvings saw more significant increases, some reaching 10-20%.

* Trading Volume:
* Online Platforms: Month-on-month increase of approximately 10-15%.
* Offline Stores/Exhibitions: Month-on-month increase of approximately 5-10%.

II. Market Trend Analysis and Forecast

  • Quality Reigns, Scarcity of Fine Products Highlighted: As consumer aesthetic standards improve and awareness of collection value deepens, market demand for high-quality, rare colors (such as brocade red, ice float) and flawless Gansu NanHong agate continues to be strong. The scarcity of these products dictates that their prices will continue to rise.

  • Enhanced Cultural Added Value: Gansu NanHong carvings with unique designs, exquisite craftsmanship, or profound cultural connotations are increasingly sought after. The superposition of artistic and cultural value gives these more art-like products higher premium potential.

  • Origin Traceability and Trustworthy Transactions: Consumers are increasingly concerned about the origin and authenticity of NanHong agate. Gansu NanHong products with authoritative appraisal certificates and clear origin traceability information are more likely to gain market trust, and their value is relatively higher. In the future, the market will become more standardized, and trustworthy transactions will become mainstream.

  • Expanding Influence of E-commerce and Live Streaming Platforms: Live commerce, short videos, and other new media forms provide broad platforms for the sales and promotion of Gansu NanHong agate, especially attracting younger generations of consumers. Online transactions are expected to continue to grow and become an important market channel in the future.

  • Market Differentiation Intensifies: Ordinary quality Gansu NanHong agate, due to its relatively large stock, has limited price appreciation potential and mainly targets the mass consumer market. High-quality, rare varieties, however, will continue to rise in price, becoming the focus of collection and investment.


III. Price Comparison of Different Quality Grades

* Ordinary Quality: Characterized by uneven color, obvious cracks or impurities, and average texture. Prices are relatively affordable, mainly meeting daily wear and entry-level collection needs. Prices are below 25 CNY/gram.
* Medium Quality: Color is relatively even, with fewer cracks and impurities, and acceptable texture. This is the main circulating product in the market, combining ornamental value with certain collection value. Prices range from 30-80 CNY/gram.
* High Quality: Pure color (such as persimmon red, cherry red), fine and oily texture, virtually no cracks or flaws. Possesses high ornamental value and collection potential. Prices range from 100-350 CNY/gram.
* Top Quality: Extreme color (such as brocade red, ice float), warm and jade-like texture, without any flaws, large and complete pieces. These products are extremely rare and are sought after by high-end collectors and investors. Prices are above 400 CNY/gram, and can even reach several thousand CNY.

IV. Investment Advice

  • Focus on High-Quality and Rare Varieties: For investment and collection purposes, it is recommended to focus on Gansu NanHong agate with pure color, fine texture, no cracks, and no flaws, especially rare varieties like brocade red and ice float. These products have strong resistance to depreciation and appreciation potential.

  • Pay Attention to Master-Level Carvings: In addition to the quality of the rough stone, carving craftsmanship is also an important factor affecting the value of NanHong agate. Investing in or collecting Gansu NanHong carvings created by renowned jade carving masters will yield higher artistic value and market recognition.

  • Note Origin and Certificates: When purchasing, be sure to confirm the authenticity of the Gansu NanHong origin and request an appraisal certificate issued by an authoritative institution to avoid risks of counterfeiting.

  • Long-Term Holding, Rational Investment: The NanHong market has certain volatility, and short-term speculation carries higher risks. Investors are advised to adopt a long-term holding mindset, view market fluctuations rationally, and enjoy the returns brought by long-term appreciation.

  • Diversify Investments, Act Within Means: If conditions permit, appropriately diversify investments into Gansu NanHong products of different qualities and forms. At the same time, the investment amount should be within personal affordability, avoiding blindly following trends.


Summary: The Gansu NanHong agate market performed steadily in Q2 2024, with an increasingly apparent trend towards high-quality products. In the future, high-quality Gansu NanHong with cultural added value will continue to lead the market, becoming a hot spot for collection and investment. Investors should grasp market trends and make prudent choices to achieve good returns.