This year's Asian Games craze has not only driven the rise of folk sports events, but also stimulated market demand for related products. The sales of major Asian Games licensed retail stores have significantly increased, thereby driving the demand for crystal products in Pujiang.
According to the "Pujiang Crystal Industry Index" information system monitoring, in August, the price index of Pujiang crystal products closed at 99.44 points, unchanged on a month on month basis, with a year-on-year increase of 0.18%; The raw material price index closed at 102.70 points, unchanged both month on month and year on year.
From the operation of the crystal product price index, in August, the price index of the five sub categories remained stable month on month, with a year-on-year trend of "three increases and two decreases". Specifically, the price index of crystal handicrafts, crystal daily necessities, and crystal lighting products increased year-on-year, with the index closing at 97.98 points, 108.86 points, and 94.94 points, respectively, with a year-on-year increase of 0.54%, 0.70%, and 0.24%; The price index of crystal jewelry accessories and crystal decoration materials fell year-on-year, closing at 90.43 points and 107.33 points respectively, with a year-on-year decrease of 0.53% and 2.11%.
In August, the prosperity index of the crystal industry in Pujiang continued to rise, closing at 97.74 points, an increase of 2.14 percentage points from the previous period. The sub indicators of business prosperity index and confidence prosperity index have both increased compared to the previous period.
In China, crystals are relatively inexpensive compared to other precious jewelry materials, so the market habitually positions them in the mid to low end. Although low-end jewelry products can have a large audience, the continuous development of the national economy is constantly improving the consumption ability of residents. The import of foreign jewelry has also increased the demand level in the domestic market, leading to an increasing demand for high-end jewelry. Under this trend, the traditional market positioning of crystals has constrained the upward development of the entire industry.
Every industry requires a comprehensive industry standard system to achieve short-term regulation and long-term development planning. But currently, the national industry classification standard for jewelry and jade is only GB/T 16552 "Jewelry and Jade Names", and the classification and grading standards for crystal products are still blank in China. Moreover, there are no service standards for crystal or other jewelry stores in China. National standards are the foundation for the stable development of an industry, but the crystal industry without an industry standard system is difficult to achieve breakthrough development in a short period of time.
Crystal, as a natural mineral, was formed during geological periods through hundreds and thousands of years of high-temperature and high-pressure geological reactions. With the increasing application of crystals in accessories and other fields, their market value has also been further reflected. Currently, Jiangsu Donghai, Guangdong and other places have become the main crystal production areas and wholesale markets.
Donghai County is rich in mineral resources, with crystal reserves accounting for more than half of the country's total, with a silicon content of up to 99.99%, and the quality of reserves ranking first in the country. The crystal king weighing 4.35 tons at the current China Geological Museum comes from the East China Sea.