Article - Pearl Prices Driven Up by Chinese Demand!

Continuing from her last article on this very same subject, Jennifer Heebner of CPAA & AGTA presents her latest pearl article about the price increase of cultured pearls driven by continued Chinese pearl demand.

This is a very short part of the article for you to catch a glimpse and hopefully lead you to read the rest:

American Pearl dealers are having a lot of difficult conversations with clients this year. Since the beginning of 2023, Akoya shortages, price hikes, and Chinese demand have created a difficult buying scenario for U.S. wholesalers and Pearl jewelry manufacturers. Reports from the June edition of the Hong Kong International Jewellery Show reveal that Yanks can expect more of the same for the foreseeable future.

You can read the rest of the article RIGHT HERE.

 

Thank you for the article!

 

Continuing from her last article on this very same subject, Jennifer Heebner of CPAA & AGTA presents her latest pearl article about the price increase of cultured pearls driven by continued Chinese pearl demand.

This is a very short part of the article for you to catch a glimpse and hopefully lead you to read the rest:



You can read the rest of the article RIGHT HERE.

Wow! Amazing. I did notice a price hike. I bought a strand of akoyas at a very good price and a week later the price had been jacked up to a still good, but not as good price as when I got mine.

 

Cultured pearl prices continue to rise worldwide due to crazy demand from Chinese customers and production deceases gradually. Less investors are willing to risk cultivating pearls. More rich ladies would rather buy superior South Sea pearls,Tahitian pearl and Akoya pearl jewellery than gold or diamond seduced by China’s First Lady, Peng Liyuan who enjoys wearing expensive pearl jewellery!

 

Cultured pearl prices continue to rise worldwide due to crazy demand from Chinese customers and production deceases gradually. Less investors are willing to risk cultivating pearls. More rich ladies would rather buy superior South Sea pearls,Tahitian pearl and Akoya pearl jewellery than gold or diamond seduced by China’s First Lady, Peng Liyuan who enjoys wearing expensive pearl jewellery!

Very interesting.

 

It may sound good on the face of it, but as supply and demand issues are coupled with inflation and tariffs, the economy suffers.

So long as farmers buy everything retail and sell everything at wholesale, more for less is not a good expectation.