Southeast auction jade special spring auction turnover exceeds 10 million

Fujian Southeast Auction Co., Ltd. revealed on the 26th that the southeast auction spring auction jade special sales turnover of 11.41 million yuan, the number of transactions of 50, the turnover rate reached 60.24%.

The southeast auction of spring auctions on the evening of the 25th was the second jewellery jade special since the establishment of Fujian Southeast Auction Co., Ltd. since its establishment in 2010. For the just-launched mainland jewelry auction, the industry evaluation "exceeds expectations."

“Not bad, beyond expectation.” Ye Shaobo, one of the organizers and general manager of the Straits Cultural Property Exchange, said in an interview that compared with Hong Kong’s more mature jewelry auction, mainland jewelry auctions are still in their infancy, and the strength of Fujian collectors is very large. , has not been fully displayed in the market.

"This year's Myanmar 'public' will open, the industry is hesitant to participate." Ye Shaobo said that the Myanmar public is the emerald raw stone auction and trade fair organized by the Myanmar government, is the world's largest and most important jadeite The fair is also the most important formal channel for Jade to enter the Chinese market.

“There have been two or three times in the past year, and now it has been opened in two years. The price has doubled several times.” Ye Shaobo said that the Myanmar government is strictly tightening the export of jade stone, which has led to a serious contraction of supply resources and soaring prices of jade raw materials, which keeps the industry on the sidelines. attitude.

“The price of raw stone will continue to rise in the long-term,” said Wang Naizhu, secretary-general of Fujian Baoyu Stone Association. At present, the processing and trading of jade products is still at the stage of digesting costs. Once the high cost of raw materials is transmitted to the cost market, the price of jade will further increase. .

Li Yushan, a jade collector and deputy director of the Fujian Folk Art Museum, said that compared with the rapid increase in raw material costs, “the primary market is light and the secondary market is hot”. He cited Hong Kong Sotheby's in April as an example of a string of natural jade beads with a ruby ​​necklace sold for HK$214 million. “Some prophetic collectors and investors are already working on high-end boutiques.”

The Southeast auction last year launched the first jewellery and jade specials, and this year's spring auction once again organized a special session, with a certain increase in scale and quality. Ye Shaobo said, "It is relatively early in the Mainland and it still belongs to the cultivation market stage."

“The demand for high-end jade in Fujian and even the national market is still very strong, but it does not necessarily appear in the market, but also belongs to the private collection.” According to Li Yushan’s observation, several female collectors appeared in the auction. Jewelry collections used to belong to the jade category, mainly male collectors. Now female collectors are starting to rise, and the power cannot be ignored. It is amazing."

“The jadeite is a resource-based collection, and consumer demand is strong. The rising raw materials is a promotion to the auction market.” Li Yushan believes that the price of this jadeite is “very low” compared to the market, because the cost of the purchase of the collectors in the past few years is very high. Low, willing to show up at the market with very attractive prices, "the heavyweight collections in the jade market will present a trend towards concentration in the auction market."

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