Oil Paintings Market News

“Two years ago, I spent about 40,000 RMB buying an oil painting on the Shanghai Art Fair Young Artists Introduction Exhibition, whose market price increases to 250,000 RMB now.” An art ware investor told reporter happily yesterday.    Becomes famous quotation promoted
The Shanghai Art Fair Young Artists Introduction Exhibition has a short history for only 2 years, but people are impressive of the performance of those new artists who became famous from it. Many nameless young artists became famous overnight through the introduction exhibition, and chose by gallery, collector or inventor, then during short 1-2 years, their popularity and market quotation would have raised in varied degrees. The hostess of a gallery situated in Tianzi Fang told reporter that the outstanding artists they found form the Art Fair Young Artists Introduction Exhibition now had already become main force of gallery’s artists. These young artists with bright artistic styles, and their work’s quotation already rose about 2 times.
The increase scope is reasonable or not after reporter contrasted the passed two sessions of recommended artists’ initially and the present market quotation, and found that the increase of work price of most artists was considerable. Especially the first introduction exhibition in 2006, to those attends artists, most of their works’ price raised from 20% to 4 times, and some works even raised more than ten times unexpectedly. Is it reasonable for such high rise? The organization team member of this Art Fair Young Artists Introduction Exhibition Mao Wencai said, the Art Fair Young Artists Introduction Exhibition chooses those young potential artists from national wide with academic judgment. Most of these artists haven’t experienced commercial hypes and packing, which meant that they were not famous.
Free to offer stage
The Young Artists Introduction Exhibition is a public welfare project of Shanghai Art Fair, which offers stage and opportunity to young artists. This session of Shanghai Art Fair will be held from 10th September to 14th in Shanghai World Trade Commercial City. At the appointed time, The Shanghai Art Fair Young Artists Introduction Exhibition that will be held grandly on the 3rd floor east hall, will become the spotlight again.

This Introduction Exhibition is sponsored by the Shanghai Art Fair Organizing committee, the Shanghai Culture and News media group, the Liberation Daily syndicate, the Wenhui Xinmin unite the syndicate, the east Shanghai international culture film and television group, and undertook by the Shanghai art fair committee culture art developed Limited company, Luo Fuzi  art reservation. More than 40 young artists will be introduced by 7 renowned critics, planer to the public.

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More new people in artistic circles and price of works rise rapidly ©2010 Oil Paintings Market News