Recently, the gold and jewelry market has shown a clear recovery; however, ice-type pure white jade is facing... “ Second price drop ” Due to institutional investors pooling their resources into green jade, pure white jade has become the target for many companies that had previously stockpiled goods to recover their capital. 2012 Annual requirement 20 Emerald pendants that used to be available only for purchases over 10,000 yuan can now be found in the Guangdong market. 5 Ten thousand ~8 It’s available for as little as 10,000 yuan. Professionals advise that the jadeite market has recently seen a significant increase in supply and a corresponding decline in prices. Collectors are encouraged to prioritize purchasing bracelets featuring both green and purple hues—often referred to as “color-and-spring” pieces.

Case

Mr. Zhu from Guangzhou 8 Yu went on a trip to a certain city in western China and planned to buy a piece of jadeite as a gift for a friend in Guangdong. As it happened, an old classmate had been working in that city for many years. Mr. Zhu therefore entrusted his classmate with the task of purchasing jewelry that offered excellent value for money. Within less than a week, his classmate—well-versed in the local market—managed to find for Mr. Zhu a flawless, crystal-clear white jadeite that was as translucent as ice (see the photo on the right). The classmate claimed that the jewelry store owner had given him the lowest “friend’s price.” 6.5 Ten thousand yuan.

Mr. Zhu’s memory of jade prices still lingers. 2 Promoted by the media before the new year “ Emerald prices have surged. ”、 “ Five-year price increase 20 Twice ” at that stage, so I immediately paid using my mobile phone. 6.5 Ten thousand yuan.

After bringing the jadeite back to Guangzhou, Mr. Zhu was utterly astonished by the results of three consecutive tests: Several jewelry testing centers concluded that the wholesale (or buyback) price of this jadeite would not exceed... 1 Ten thousand yuan.

Xiang Xianbiao, Director of Gemstone Testing at Guangdi Jewelry, told Mr. Zhu that the retail market for this jadeite may feature inflated price tags. 4 Ten thousand ~8 Ten thousand yuan—the listed price at top-tier shopping malls in major cities. 10 There are also cases involving ten thousand yuan, but if we... “ Friend price ” Compared to wholesale prices and factory-gate prices, the latter in Guangdong is less than... 1 Ten thousand yuan—though transactions in the range of six to seven thousand yuan cannot be ruled out.

Regarding the jadeite purchased by Mr. Zhu mentioned above, Lin Chaohui, Chairman of Guangdong Huayou Auction House, pointed out two reasons for its relatively low appraisal value: First, the pendant features a fairly deep relief carving, making it a heavily processed jadeite product. Generally speaking, the simpler the design of jadeite or Hetian jade, the more valuable it tends to be. If a piece has been deeply carved, it is often done in order to conceal flaws inherent in the jade material itself.

Moreover, 2016 This year, ice-grade pure white jade experienced another sharp price drop—since... 2012 Year “ Bear market ” The second price drop since then. Prices of similar products in Guangdong’s wholesale markets. 1 The decline for the year reached as high as 20%~40% , and currently the price is far from 2012 At a higher age, the decline exceeded. 50% As for some small-sized ice-grade pendants, the current wholesale market transaction prices are only... 2012 At an older age 10%~20% 。

In Shenzhen’s Shuibei Jewelry City, the price of ice-grade, pure-white jade bracelets has now fallen below... 50 10,000 yuan per unit, at its peak. 120 Around 10,000 yuan. Surface area is in... 8 × 7 A large jade pendant with an ice-like texture, measuring around centimeters in size—currently priced as low as... 5 Ten thousand ~8 Ten thousand yuan—the price at its peak was also... 20 Over 10,000 yuan. Meanwhile, Mr. Zhu’s purchases of smaller-sized products frequently sold for several thousand yuan or even ten thousand or twenty thousand yuan.

In stark contrast, the price of green jadeite remains relatively stable, and the price of ice-type, fully-green jadeite has even seen a slight increase. A piece of fully-green jadeite of the same size as the one Mr. Zhu purchased—even if it’s just a “Furong” variety— “ seed ” (Grade is lower than ice grade), the wholesale unit price is also 30 Above 10,000 yuan.

Industry Perspective: “ color ” rise “ seed ” Decline is the trend.

Wang Youyun, General Manager of Safir Jewelry, believes: “ color ” rise “ seed ” Down, is 2010 A pricing trend observed in the jadeite market so far this year is that color is playing an increasingly significant role in determining jadeite prices, while... “ seed ” However, their share has relatively decreased. The cause of this trend is partly linked to the surge in demand for colored gemstones in the international market. Some leading institutions believe that green jadeite—especially those with a vibrant, full-green hue—whose mineral reserves are becoming increasingly scarce, holds greater potential for appreciation and offers more practical investment opportunities driven by capital flows.

As for the second sharp drop in prices of ice-grade jadeite, several industry insiders from Guangdi Jewelry and Guangdong Gold believe that the primary cause stems from the jewelry market’s continuous... 5 Due to the sluggish economic climate, small savings accumulated over time eventually prompted earlier stockpilers to start selling mid- and high-end products in an effort to recover capital. “ Bear market ” For the first two or three years, merchants could still manage to stay afloat, but by the time... 5 This year, the industry’s reshuffling has entered a fiercely intense phase.

Reporters from the Guangzhou Daily learned from the Kangwang Road wholesale market in Guangzhou and the Shuibei Market in Shenzhen that, precisely because of the sharp drop in prices of “ice-type” jadeite, signs of a recovery are already emerging in the domestic jewelry market: many wholesalers have seen a significant increase in jadeite transaction volumes, while individual buyers and collectors... “ Buy the dip ” The calls are growing louder and louder. According to the rules of the investment market, after trading volume increases significantly, a rally often follows. Therefore, 2016–2017 This year is an excellent time to carefully select jadeite at lower prices. Lin Chaohui from Guangdong Huayou Auction House believes that if your only intention is to wear it, the cost-effectiveness of white ice-type jadeite has become quite reasonable after its second price drop. However, if you’re looking to collect it, you’ll still need to focus on the unit price. 20 Ten thousand yuan / Among the many products available, jadeite bracelets with colored bands—either green or purple—should be given top priority. If you can afford a bracelet, don’t opt for a pendant instead.

Jing Nan, reporter for the Guangzhou Daily