Jade price increase is inevitable

February 27, 2020

Jade price increase is inevitable In recent years, Jadeite has become increasingly prominent in the collection market and prices have been rising all the way. Recently, news came again that Emerald is about to usher in a new round of upsurge. Despite the lack of official confirmation, the news that Myanmar is about to tighten its export of rough jade and rectify the jade market has been frequently reported. Affected by these news, Jade Market is brewing a new round of price increases. Looking at the Qingdao Jade Market, it seems that it has not yet been affected. Experts believe that it is now a good time for jadeite to make a profit.

Myanmar may ban the export of jadeite stone Although it is hard to get official confirmation that “The Myanmar government will ban the export of jadeite stone from next year”, many interviews have found that since the beginning of this year, Myanmar’s efforts to rectify the jadeite market have spurred the domestic jadeite industry. Expected goods to be up.

As early as the beginning of this year, in 2013, the Myanmar government will ban the export of jadeite stone and then export the finished jadeite. Many industry insiders said that the news did indeed come from Burma. However, official documents have not yet been seen so far, so it will be difficult to finalize the final results. However, this year, it is an indisputable fact that Burma has made great efforts to rectify the jadeite market. A series of measures to control wool in the upper reaches of Myanmar have obviously affected the Chinese market.

Local Emerald Market Qingdao has not followed suit The news that the Myanmar government is about to ban raw stone exports in Yunnan, Guangdong and other jadeite jewellery processing areas has already been convinced by many people that the most direct consequence of this is a sharp rise in prices. It is reported that a good-quality high-end jade bracelet has increased its price by more than 40% so far this year.

Myanmar controls the export of rough stones, and the source of Yunnan has begun to plan for price increases. Has Qingdao also started to increase prices? For this issue, as the originator of the Jade source in Qingdao, factory stores and Tsui Lee always told reporters that the price increase in the Qingdao market has begun to show signs. "Recently there has been a trend of increase, but the overall price has not changed." Li told reporters that Qingdao is in a relatively backward position in the entire jade consumer chain, belonging to the terminal market, so the embodiment is relatively slow.

However, Mr. Li also emphasized that although the Jade market in Qingdao has not yet risen, it is not far away from the formal “startup”. "The source will begin to formally affect the Qingdao market, and immediately enter the peak of the Spring Festival gifts, so the price may have to rise sharply."

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