What is the development prospect of the jade industry?

The jade investment market has always been a focus of jade investors. The jade market has experienced a rotary development process of recovery, revitalization, rise, decline, and rise again. Some people are optimistic about the future development of the jade market, while others feel that there is no prospect for the development of jade investment. However, the jade price data in 2020 sent out many signals, which added stronger predictability to the jade price trend in 2021. Many industry insiders said that they are optimistic about the jade price in 2021. So what will be the trend of jade prices?

Recently, jadeite, as the finest jade, has been rising in price. Although the price of jadeite has not fallen, it is still one of the most valuable collections today. Judging from the current market supply and demand, jadeite will continue to rise. The domestic jadeite market has great demand, but is facing a nearly dry state of jadeite investment. These are the reasons for the continued rise in jadeite prices.

In the jewelry market, Myanmar is known as the kingdom of jade, but in recent years the high-quality raw materials there have almost dried up. A finger-sized piece of Burmese glass, according to today's market, would cost at least tens of thousands if it were colorless, and a radical estimate of forty to fifty thousand if it had a hint of green. Against the backdrop of market frenzy, more and more investors are coming. Early investors were professional collectors, but jade collectors have evolved into ordinary consumers.

With the changes in the opening methods of Myanmar's public auctions, as well as many jade consumers becoming more rational and many jewelry and jadeite products competing for the market, the overall changes in jade prices have become more rational compared to four or five years ago. In the past, the rate of increase in jade prices reached an alarming level, and the price of top-quality jade even doubled within a year.

Jade is a special commodity. Not only is it beautiful in appearance, but it is also rare. The most jewelry-grade jadeite is currently produced in only one place in the world, Myanmar. A large amount of high-quality jadeite has been mined, and the stock is relatively scarce. With the development of information technology, people have a deeper understanding of jade, so the prices of some low-grade jade have decreased compared to before, and the sales volume has actually decreased. People are more willing to spend a little more money to buy jade jewelry of slightly better quality.

The jadeite with the largest increase in price is still the top-grade high-end jadeite. In recent years, the raw materials of jade have become increasingly scarce, and mid- to high-end jade resources are pitifully scarce, especially top-quality jade, which is rare to find in a century. Many people have said that top-quality raw stone materials are hard to find even if you have money. As top-quality jade is extremely rare and precious, the price is rising rapidly.

Jadeite with a smaller increase in price is mid-to-high-end jadeite. Although it is affected to a certain extent by the raw material market, there is still a lot of jadeite of this grade on the market. Its rarity has not reached its peak, and its price will not skyrocket. However, as jade continues to extend to the international market, more and more people recognize and like jade jewelry, and the demand for this grade of jade is gradually increasing. At the same time, with the development of economic conditions, the number of people purchasing jade is also increasing year by year, which has caused the price of mid-to-high-end jade to rise to a certain extent, but the speed and magnitude of this increase are relatively slow. In addition, with many investors pouring into the jade market, the price of top-quality jade has increased to a certain extent.

Of course, in this market where the overall jade prices are rising, some jade prices have fallen. These are low-grade jade. From the market transaction data of the past two years, we can see that the prices of low-grade jade have fallen again. After all, people's aesthetic standards are gradually improving.

As jade retailers become younger, more novel and fashionable designs will be integrated with jade. In the future, jade consumers will become younger and younger. The economic capabilities of those born in the 1970s, 1980s, and 1990s will also increase. This group of people will gradually become the main force of jade consumption. Of course, while consumers pay attention to the quality of jade, they will also pay more attention to whether the design of jade jewelry is novel and unique and more in line with the modern times.

However, in the case of rising prices, there are some suggestions for jade friends, that is, to abandon the idea of ​​finding a bargain, check more, and don't start investing immediately on impulse. Entering the market casually like this can easily lead to economic losses. Although the long-term trend of jadeite is still continuing to rise, many consumers do not know how to identify the quality of jadeite very well. Preparations for entering the market need to be sufficient, and newcomers to the market should be more vigilant. A relatively orderly market mechanism has been formed, and more and more jade merchants are moving towards brand management. It can be said that the time to buy jade has come.

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