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Recently, news about Jadeite's price increase and the finished Jade requisition continued to spread on the Internet. And the fact that a similar reseller buys the emerald in the hands of a collector like him is not a case in fact. In the big or small, jadeite trading circle, the news of jade jewelry collection by Yunnan jade jewelry, pure cuige, Yuyu commerce and other jadeite jade on the Daxuan was gone.
Why are jade wholesalers, processors and retailers repurchasing large quantities of finished jade products instead? Industry analysts believe that the main reason is that the original stone is increasingly scarce. The causes of scarcity are due to the exhaustion of Myanmar's resources, the desire to grasp the power of jade to reduce export prices, and the internal conflicts in Myanmar. In the case of scarce raw materials in the upstream, there emerged a strange phenomenon in which jade merchants bought back a large amount of finished jade.
It is understood that Burma is the world's leading producer of jadeite stones. However, the amount of original stone that can be mined in Myanmar has been reduced year by year. There are signs that the supply of jade stone in Myanmar is tightening. Burma jade reduced its production by 10,439 tons in 2012, and its export volume also dropped significantly. In fact, for decades, the Myanmar government has been stepping up control of jadeite mineral resources. In the middle of 2012, the Myanmar side had already cancelled many jade medals, which meant that last year the Burmese side had no legal export of jadeite raw materials to China. Also not to be overlooked is that the quality of Jadeite in Myanmar's public sector is not as good as before.
The reduction in inventories held by Jade Merchants and the rumors that the “Burmese government will ban the export of jadeite stone from 2013†​​have caused the market to be uneasy and the price of jadeite has been rising. At present, the price increase of rough stone has even exceeded 50%. In the first quarter of this year, high-end products rose by 30% to 40%. This phenomenon forced Jade merchants to buy back a large number of finished jade products. One can solve the problem of shortage of raw materials, and secondly, it is relatively cost-effective!
Professionals pointed out that the shortage of raw materials can not ignore the impact of the jadeite industry in China. China is the most important consumer of jade, and the raw material for jadeite in China is basically from Burma. The scarcity of resources will inevitably lead to an increase in the price of jadeite and the phenomenon of repurchase. At the same time, the non-renewability of jadeite resources makes jadeite more and more expensive, especially the high-end jadeite products.
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