As one of the "Bamboo Seven Treasures", the beeswax is known as the "millennium amber, the beeswax". In recent years, the price of beeswax has skyrocketed, and the price of old beeswax has skyrocketed nearly ten times in three years, surpassing diamonds, attracting many collectors to snap up. Wax is a non-renewable resource derived from some resins that have been extinct on the earth and need to be formed thousands of years or even hundreds of millions of years. Today, let's talk about what causes the price of beeswax to rise?
Wax bracelet
Wax is a kind of amber, named for its color like honey and light like wax. It is rumored that beeswax is an organic gemstone formed by tens of millions of years of pine resin, maple and other resin buried under the ground, retaining information on biology, geology and climate in ancient times. The saying of "Millennium Amber, Million Years of Wax" makes the wax more and more favored by investors.
The price of beeswax has doubled
Wax pendant
At present, the new quality beeswax on the market is priced at 100 yuan per gram, while the price per gram last year was 40 yuan to 50 yuan. The better quality of the wax is faster. In recent months, the market price of beeswax has again increased by 20% to 30%, and high-quality beeswax has even doubled. Compared to ordinary beeswax, the collection value of old beeswax is much higher. In particular, some old waxes with a long history and collectible value have risen 10 times in the past four or five years. Among them, the fine old beeswax is up to several thousand yuan a gram, and its price far exceeds gold.
What causes the price of beeswax to rise?
Wax ornaments
According to the analysis of beeswax collectors, the price increase of beeswax objectively has two reasons: First, because the top quality beeswax in the domestic market is mostly imported into the Baltic region, the wholesale price of the origin is generally rising, thus leading to domestic retail sales. Prices have also increased correspondingly, and the increase has been large; followed by the increasing number of people collecting beeswax, and the increase in demand will also stimulate price increases.
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