Beijing merchants jade prices rise

January 31, 2019

Yesterday, several businesses in Beijing told reporters that as the price of jadeite raw materials soared, the retail price of new purchases would rise accordingly. Beijing Sun Gold Store stated that since the beginning of this year, the overall price of jadeite products has risen by more than 30%, and some top jadeite prices have risen even higher.

Sun Guangdian, deputy general manager of Jiao Guangyi believes that from the beginning of last year, each quarter of the trading market in Myanmar, Yunnan, good wool has been sold out, which is the most important factor in the price of jade. In addition, it does not rule out the existence of some hot money speculation.

Yesterday, Caihe Guohua Shopping Mall stated that the retail price of jadeite will not be raised in the middle. The price of junk will not change, but on the new goods, retail prices will rise accordingly.

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