Burmese Emerald wool soared

Since 2011, the Myanmar public market has been stagnating for a year and a half. Finally, in May of this year, Myanmar’s public trading market reopened. This is a good news for the Chinese jade market that has been “starving” for more than a year, but it is also about consumption. For instance, the price of emerald wool has skyrocketed, and “crazy stones” have come back—the prices of reopened transactions in Myanmar's public trading market have skyrocketed. Some of the original stone transaction prices have soared by 18,500%, and the price of jadeite wool materials has risen sharply within 3 months. Jade jewelry has ushered in "price increases", some varieties rose more than 50%. According to Wang Zhensheng, vice president of the Shandong Jewelry and Stone Jewelry Industry Association and general manager of Peninsula Art Development Co., Ltd., with the opening of new products after the opening of the public market, the new wool material products will gradually embark on the retail counter, and jade jewelry will have a lot of room for growth in the future.

Soaring 18500%!

Burmese open-end wool prices rose “crazy”. Business emeralds from all over the world came from Myanmar. Myanmar’s jadeite was free trade in the early days. After the Myanmar government nationalized all mineral resources in the early 1960s, In order to block the loss of tax revenues, the scarce resources of jadeite jade have created more income for the country. In March 1964, it started to hold the jade and woolen cloth plate. Since then, the Myanmar Public Order has become the most important formal channel for Jadeite to enter the Chinese market. All non-public jades are considered to be smuggled.

Every open trade in the Myanmar Public Market is an event for the Jade Market. The transaction price and export volume directly affect the sensitive nerves of domestic jade merchants. However, due to various complicated reasons, since 2011, the Myanmar government has successively canceled the public trading in June and November 2012. The domestic jadeite market suddenly has no raw material input, and the domestic jadeite merchants have endured a long year and a half of suffering. , "Hunger" continues to ferment. "Especially in last year, the jade market that had been crazy for 10 years suddenly fell into the "winter". The amount was small, the price dropped, and there were many discussions in the industry. They all said that "crazy stones" are not crazy enough." Shandong Province Jewelry jade jewelry Wang Zhensheng, vice president of the trade association, said.

Until May of this year, the reopening of Myanmar's public exchanges revived the jade market in the depths of the winter. The price of the rough stone in the session rose sharply. One of the original stones that floated like a line was green and was shot on the public board in 2011. The reserve price was 48,000 Euros. This time the public shot, actually sold 36 million *** transactions, can be described as myth. A piece of jadeite stone named “7947” was auctioned for 5,800 Euros, but the final price was 1,089,999 Euros, a sharp increase of 18,500%!

"On the one hand, the public market has been stagnating for a year and a half. Raw materials are indeed in short supply. On the other hand, the industry is rumored that the Myanmar government has to ban the export of jade stone. Therefore, many domestic jadeite merchants have flocked to this public plate and robbed stones." Wang Zhensheng The reporter told reporters that the amount of original stone in the Myanmar Public Order was 9,000 copies, and the bid volume was 11,000 copies. The transaction rate was as high as 95%. This kind of news shocked Mr. Wang, who studied jade for more than 30 years. "Is there a block of ice, asking for a price of 2 million euros. It does not include taxes and production costs. According to the description, fineness is not the best, but this The price is too amazing. The jade merchants who have come back from the public plate all said that many woollen materials look like a few million dollars at most, and the transaction price has risen to over 100 million yuan. This upswing is really rare!"

Wang Zhensheng summed up the public offer and said that compared with previous years, the price of publicly traded ice seeds, glass seeds and other fine quality pigments soared by more than 67 times, even if the water head is not very good. It is not surprising that there have been three or four times more rises, and some wools have risen tenfold or even hundreds of times. He believes that the Myanmar Public Bank revealed the current irreversible status of the jade market: the scarcity of rough stones and the depletion of the mining area. As a result, prices will only rise more madly, and "crazy stones" will usher in another madness.

March rose 50%

In the second half of the year, Jadeite counters rushed to “high price”

Rising prices of rough stones have caused a series of impacts on the jade retail market. “The resumption of the public market gave rise to market expectations, and the finished product must be skyrocketing in the second half of the year.” Guangdong Sihui will be the “Hometown of Chinese Jadeware.” More than 70% of the jadeite ornaments on the market are from the Sihui, where the emerald The judgment of the market is also the most authoritative. The general manager Zeng Qingbin of Sihui A Bao Feicui disclosed to the reporter that last year, the price of jade dropped all the way, and now the trend is reappearing. Many wholesalers and retailers are starting to pick up goods. "The new goods are not on the market yet. All of them are stocked. We wait for the price of new goods to go up in the second half of the year. The selling price will be doubled and the shipment will earn a big price."

Ping Zhou Jade City, the nation's largest bracelet trading center, reflects that the price of jade bracelets has risen within 3 months, and some high-quality varieties have seen the highest increase of 50%. “This is just the beginning, there will be a wave of upswing in the second half of the year!” Wu boss of Pingzhou Jade City stated that Myanmar’s official market is the heart of the global jade market and is directly related to the pulse of the industry’s market. “Last year was the winter of the industry” Prices are low, many wholesalers are losing money, and the price impact of resumption of public trading has not yet reached the end market. It is estimated that in October, there will be very significant price fluctuations, and it does not rule out the basis for raw material price increases. There is a superposition of retaliatory price increases."

In addition to merchants selling goods and reluctant sellers, some keen senses of sellers learned that the “price increase” is coming and they “buy it” in advance. “The new material has not been processed. The price increase has not yet started across the board. Buying the goods on a batch of material ahead of schedule will increase the price of the new material after listing. It will not increase the value!” said an emerald player in Qingdao.

Wang Zhensheng, general manager of Peninsula Art Development Co., Ltd., believes that in this volatile market, high-end jade has a large investment risk because of its skyrocketing prices. “The high-end jadeite’s original profit margin is large, and it is sensitive to the price of wool. Compared with the medium and low-end jade, it is more intense. Under the current economic environment, high-end jadeite has the problem of high risk and difficulty of realizing it.” The price increase of middle and low-end jade is much lower than that of high-end jade, which is lagging and easy to realize. Currently, Many investors are willing to recycle those low-end jades that have a collection value. In addition, the middle and low-end jades in the hands can be realized through pawn shops, specialized agencies, online trading, and other forms. more.

Links: The Myanmar Emerald Ball is like a jade game trader's "Huantai Race." It is a financial, eyesight and courageous competition. Prior to the official launch, all emerald wool was numbered, indicating the number, weight and reserve price, but the reserve price was generally low. All the wool materials were displayed for three days in public. The jadeite merchants observed all the exhibits one by one, selected the wool materials they needed, and then evaluated their prices to determine the best bid price and put them into the bid box. For the same material, because there are many people competing and they do not know each other's bid price (as a dark label method), the determination of the bid price is very subtle, the price is high to lose, the price is low and afraid When others buy it, they frequently lose a few yuan or a few tens of dollars in price when they are in the public market, and they lose the case that they can earn several million yuan of emerald wool. On the next day after the official bid, the prices of companies and winning bids for each bid were announced one by one. Wool is then transported by the winning bidder to a destination after payment by a dedicated company.

In recent years, due to the increasing demand in the jadeite market in China and the shortage of jade resources, jadeite prices have been soaring. According to the incomplete statistics of individual transactions, about 70% of the transaction price is slightly higher than the reserve price, and 20% of Zuo Shi's transaction price is 1 to 2 times higher than the reserve price; almost 10% of the transaction price is very fierce, Some of the deals were even more than 10 times higher than the reserve price, which may reflect the fact that the price of colored and well-prepared jadeite materials has risen a lot.

Adhere to the mall price 1/5!

The Peninsula Jadeite is still facing a fair price for the future jadeite market, which is still “flattering”. The Peninsula Jade Cultural Center, which is the largest Jade Art Museum in the island, which collects, researches, processes, and sells, will become a large number of islands. Urban people's focus.

“Fortunately, because of the accurate positioning of the market, we have sufficient stocks of raw materials that are fed through different channels and links before the public restart. Therefore, this raw material price shock will not affect us at all. Of course, we As a very professional Emerald Hall, it will never risk buying those soaring wool. So no matter how the market skyrocketing, the museum will continue to pursue the "parity principle" of the sale of goods and follow it!" Peninsula Jade Art Museum Executive Hall Wang Zhensheng expressly stated.

With market turmoil and price shocks, in order to avert the panic that the vast number of island city residents have experienced the skyrocketing prices of jadeite and “crazy stones”, the Peninsula Jade's decision-makers decided to activate stocks of raw materials and manufacture a number of jade bracelets, hand pieces, pendants, etc. Jewelry, still at the market price of 1/5 of the parity, on August 31, September 1 and September 2 to launch a large-scale cheap jade show.

The peninsula jadeite feeds itself and has professional engraving processing production lines and transportation channels. “The industry chain is complete, and there are few intermediate links. There are no wholesalers, agents, and distributors in the middle, from the original stone purchase, design production, to the finished product cabinet trade. Complex links such as business, do not need to enter the fees, counter fees, operating costs and other chaotic costs, one pass in the end, the wholesale price directly to the counter, there is no increase in layers. Shopping malls in the price of 50,000, 60,000 jade bracelet, I The price of goods entering the cabinet is also 10,000 yuan, and the brand merchant can sell 30,000 yuan worth of hand pieces. The price of my cabinet is a few thousand dollars, said Chen Zhibao, general manager of the peninsula jadeite production line.

For the public, the biggest temptation of this exhibition is "inventory wool." Wang Zhensheng calculated such an account with us: Taking the jade bracelet with a price of RMB 40,000 as an example, according to the price increase expected after the public restart, the conservative estimate will rise to more than RMB 50,000 in the second half of the year; and the peninsula jade art The museum relied on stock wool and adhered to the principle of parity. The price was still 10,000 yuan at the time of exhibition on August 31. This also means that the public would spend 500 yuan to add value to the 10,000 yuan bracelet they bought.

"Dip bottom" 1200 pieces!

1200 pieces of treasures were dropped on the stock of raw materials. Qingdao, “Every year the Peninsula jadeite engaged in the cheap jade movement. I spent 6,000 yuan to buy a pendant. At that time, I went to the mall and looked at the same price of 35,000 yuan. It took less than a year. Value-added to 40,000 yuan, and prices in the second half of the next rise, it is estimated that it can add value to 50,000, really value ah!" Ms. Xu is an old customer of Peninsula Jade, last year, an emerald pendant let her taste the sweetness of the peninsula cheap emerald , I heard that on August 31 the price of jade was reopened, she was excited.

According to the Peninsula Jade Cultural Hall, the first batch of more than 1,200 pieces of jade jewelry made with raw materials for processing were entering the final delivery phase in Guangzhou, including ornaments, hand pieces, bracelets, pendants, necklaces, bracelets and belt buckles. Pipes, combs, etc. “There is a good market prospect for the skyrocketing price of resumption of public trading. This is the time of the day; the Peninsula Jadeite has its own collections, exhibition venues and its own production line. This is a geographical advantage; it happens to have stocks of raw materials at this time. This is a rare opportunity. "Ah!" Wang Zhensheng said that it coincides with the traditional holiday Mid-Autumn Festival, whether it is visiting gifts, personally worn or "bottom-hunting" investment, rushing hands on August 31, September 1 and September 2 is an excellent opportunity .