Jade Market may enter recovery period next year

People familiar with jade are aware that the annual public trading situation in Myanmar is a benchmark for jade prices in the next year. This year, the Myanmar government unexpectedly cancelled the second half of the public trading. The next launch of the public launch date is also far behind in the future. This directly affects the inventory of raw materials held by Jade Merchants.

The reduction in raw materials has played a decisive role in the jade market that has been cold since the second half of last year. Colorful Yunnan Jade Hangzhou flagship store jewelry expert Zhong Jing manager predicted that if the Myanmar public market has been postponed, then the domestic jade market may enter the recovery period next year, with the domestic economy gradually stabilized recovery, the price of jade is also expected to stop falling stabilized.

The high-end jade is still favored without a public plate, and the most influential is the high-grade jadeite. Four years ago, due to the restrictions imposed by the Myanmar government on jadeite mining and the control of high-end jadeite stone exports, domestic jadeite prices have not been affected by the financial crisis and have instead risen against the trend.

In June of this year, the Ministry of Mines of Myanmar announced the closure of most of the emerald mines in Pakang and other northern Myanmar regions, which once again exacerbated the shortage of high-end jade resources in the market. Since last year, the price of jadeite has dropped somewhat, and some high-quality jades such as fine ice and glass seeds have steadily increased.

Manager Zhong said that from the perspective of the past few years, high-end jade has become the choice of many investors. “On the one hand, jadeite is small and easy to store. On the other hand, with the reduction of mineral resources, the high-grade jade is scarce. The sex is getting stronger."

He also reminded that high-end jade investment is also a great test of investor's vision and financial strength, such as the price of jade-like products in the collection category is generally more than 500,000 yuan, and the investment cycle is relatively long, so it is more suitable for large funds and the pursuit of long-term collection value investor.

At the end of the year, you can pay attention to daily consumption level. Emerald In the consolidation period of the jade market in the past year, the trend of jade rose year by year has been contained, and the jadeite market has also experienced a round of reshuffle. The jadeite industry has never used the benchmark price as a reference. The phenomenon of high prices has occurred from time to time. Shuffle has squeezed the market bubble to some extent.

"It should be said that the daily wear level of emerald in this round of reshuffle is more obvious in terms of cost performance." Manager Zhong believes that people with wearing needs can pick up some consumer-grade jade while competing at the end of the year to compete with major jadeite brands. Remember to ask the merchant for a certificate of formal organization."

From December 5th to October 10th, it was the 6th anniversary celebration of colorful Yunnan jadeite. In order to meet the demand of different consumers for jadeite, Colorful Yunnan has prepared two exquisite jade exhibitions, namely the rare jadeite treasure exhibition and the “blessing and filial procreation jade gifts”. exhibition".

Among them, Treasures Exhibition will present a group of rare high-end emeralds with extremely high investment value in China, with an overall value of over RMB 100 million. At the Gift Fair, a selection of jade boutiques with prices ranging from RMB 1,000 to 30,000 were selected, covering classic works such as bracelets, jade pendants and fashion celebrities.

During the 6th anniversary period, Colorful Yunnan launched a discount of 8.8 percent, and invited the authority of the provincial jade jewelry experts to provide free jade identification services.