The jadeite market in 2012 was arrogant. From China’s increase in tariffs on jadeite raw materials, to the instability of Myanmar’s political situation and the closure of many jadeite mines, many news unfavorable to the jadeite trade continued to spread. The economic crisis has caused great fluctuations in the jadeite market. The CCTV Economic Desk also said that Jadeite investment overheating has a great influence. Many businesses hold a wait-and-see attitude, which has caused raw material prices to loosen. However, in the long run, high-end jade is still a scarce resource. In recent two economic crises, the jadeite industry has stood out from the rest and the overall price has not shown any significant decline. Yesterday’s Tian Huang was the jadeite of today. With few resources, high-end products are always scarce resources. The quality of ice floating flower, glass materials, colored raw materials, the price has almost no change, businesses basically hold this attitude "the price is unchanged, this year will not wait until next year, no matter how good the raw material." The prices of some floating jadeite have dropped slightly, but the rate of decline is very small. It does not seem to have much practical significance. The prices of medium and low-grade jade in the finished product market have been significantly lower than before, and some businesses are even worried about the sales of mid-to-low grade jadeite and are competing to cut prices, and the consumer’s asking price is significantly higher.
Although Jadeite was greatly affected by the economy in the first half of the year, due to the scarcity of Jadeite resources and the increasing demand from the jadeite market, the overall jadeite market is expected to gradually increase from October afterwards under the influence of the holiday economy in the second half of the year. However, the increase is difficult to predict.
Since the beginning of the year, the domestic jadeite market has entered a period of adjustment and the market is relatively deserted. Some media pointedly pointed out that once the “crazy stones†were falling from the heights of “roller coastersâ€, the current market is like “drums and flowersâ€. In this regard, jade industry experts believe that the jade market will not collapse, the market has been adjusted in place in the second half of 2011. Future prices will rise steadily.
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