Hetian jade and jadeite have many similarities. Hetian jade is mainly produced in Hotan, Xinjiang. Due to long-term mining, the output is getting less and less. Because of its non-renewable scarcity and soaring prices, it is difficult to buy fine products in the market.
According to experts' analysis of the market, the price of Hetian jade seed material continues to rise sharply, with an increase rate of 5% to 10%. Since Hetian jade was banned from mining, the annual output of seed material is only 20-50 tons, and resources are becoming scarcer and scarcer, resulting in a serious imbalance between supply and demand in the market. It is hard to find a stone, and it is even harder to find a heavyweight sapphire seed material with skin.
Reasons for the skyrocketing price of Hetian jade in Xinjiang in recent years
The price of hetian jade in Xinjiang has soared in recent years, mainly due to two reasons: on the one hand, the resources are exhausted and the mining cost remains high. Since 2006, with the gradual depletion of Hetian Zaiyu, the state has continuously issued relevant policies to protect the environment, prohibiting large excavators from entering the river bed for mining, and the output of Hetian Zaiyu has been greatly reduced.
In addition, driven by interests, the phenomenon of privately digging Hetian jade is still repeated. It is said that the sales volume of excavators in Hotan area ranks first among prefecture-level cities in China (Hotan area is equivalent to prefecture-level cities). In addition, the increase in labor and diesel costs has led to an increase in the excavation cost of Hetian jade.
On the other hand, since the reform and opening up, the number of rich people has been increasing, and more people have set foot in art collection and investment, and a large amount of financial capital has subsequently flowed into the domestic and internal and external auction markets. The price of top domestic artworks quickly jumped to 100 million yuan, and the price of ancient jade rose sharply, which also led to a sharp rise in the prices of Hetian jade's original stones and carvings, reflecting its due value as a "national stone".
Refer to the above content: People's Daily Online-Does one gram of green white jade seed material sell 400 yuan Hetian jade or become the next jade?
People's Daily Online-Deciphering the skyrocketing price of Hetian jade in Xinjiang