My answer is no, I think the current market is very, very healthy, completely market-oriented, without any speculation. Compared with the high price and low circulation of white jade, the Warring States red market is not even a bubble. Analyzing from the following angles, we can basically judge this conclusion:
1, from the perspective of interests, hype needs bookmakers. At present, there is no banker in the red city of Warring States, and there is no so-called big family in the scope of mining, processing and circulation, which has no motivation to boost shipments.
2. From the marketing point of view, hype needs media publicity. At present, there is basically no promotion and marketing of Warring States Red. Needless to say, TV, professional magazines and other traditional media, even on the Internet, it is difficult to find a few decent articles. The only remaining articles are written by the fans of the Warring States Red from the perspective of personal hobbies, which is not coherent and systematic at all.
3. From the perspective of inheritance, hype needs a gimmick. Zhan has no historical heritage, and there is no hype at present.
4. According to the wishes of the operators, no one wants the price of Warring States Red to increase. Neither the miners in Beipiao producing area nor the processors in Shijiazi have benefited from the price increase of Warring States Red, and the annual income has not changed much.
Crucially, at present, Zhan is not well-known in the domestic jade carving field, and has not won prizes in various jade carving competitions, nor has he produced a batch of fine products that can be passed down from generation to generation, so he can't pull the price of Zhan.
In short, under the bleak environment of the jewelry and jade industry in the past two years, the only reason why the price of Zhan has risen against the trend is that Zhan conquered everything with its gorgeous colors, beautiful patterns and flamboyant personality, without the existence of bookmakers, media intervention, gimmicks, and operators' willingness to rise. In addition, under the joint action of mine closure and the scarcity of fine products, a typical seller's market was formed, which eventually led to the excessive price increase.
The phenomenon of rapid price rise is similar to artificial speculation on the surface, but the core is very healthy market behavior. I believe that in the near future, those operators and enthusiasts who are bearish on the red market will definitely regret their conservative behavior.