White jade market is heating up

“Daily Economic News” recently learned from Chenghuang Jewelry that the third “City Jewellery” white jade auction held on August 13 was hot and the 200-seat auction venue was crowded into more than 300 people. The staff of Chenghuang jewellery and jade wares said that as of the end of the auction, 185 auction items had been traded with 135 pieces and the total transaction value was 1.6 million yuan.

The highest auction price was a piece of 77 grams of white jade without any event. The transaction price was 118,000 yuan, equivalent to more than 1,000 yuan per gram. There is also a Jade Master Yang Boda inscription Yupai to 112,000 yuan price transactions. "As a small-scale auction, we can achieve such volume. This is what we did not think of. There are more and more people who seem to like white jade." The staff member stated that there are many people who come to the auction. Entrepreneurs, there are also some collectors.

Unlike the rising or falling price of gold, the price of white jade and stoneware has been rising steadily year after year. Xinjiang Hetian Baiyu has even appreciated by more than 100% in these two years. An expert from the Shanghai Baoyu Stone Association told the reporter that Hetian Baiyu has been in China for more than 7,000 years and is the main body of jade culture in China. In recent years, the white jade market has gradually warmed up. “Many entrepreneurs in Shanghai have previously said that the business is better than anyone else's diamond ring, and it is now discovered that everyone has played with a jade.”

It is understood that in 2004 Hong Kong Christie's spring shoot "Dexin Book House" special jade, shooting the best are almost white jade. A piece of Hetian Baiyang Luo Han ornaments, the transaction price of 1.4077 million Hong Kong dollars, 6 times the estimated target. Experts say that this is because fewer and fewer jade materials are used as rare resources, and jade processing fees are also getting higher and higher, leading to a rise in jade prices. White jade carries many traditional cultures. The gentleman is better than De Yu Yu and the revival of the white jade market is also a return to traditional culture.