November 21, 2016
Local and foreign
merchants visited the mid-year Gems and Jewellery Emporium for 2016 yesterday
at Maniyadana Jade Hall in Nay Pyi Taw, evaluating the lots and gems and jades.
More than 300 lots of
gems will be sold today through the open tender system and more than 130 lots
will be sold through competitive bidding.
Nearly 1,200 jade lots will be sold through the open tender system on 23rd
November, 1,200 lots on on 24th November, 1,200 lots on 25th November, 1,200
lots on 26th November and 1,122 lots on 27th November respectively. Thirty-five
jade lots will be sold through competitive bidding on 28th November and 66 lots
on 29th November.
Nearly 6,000 jade lots
will be exhibited at the mid-year emporium from 22nd to 29th November while 439
lots of gems will be displayed from 20th to 21st November.
Gems lots with floor
price from 500 euros to 20,000 euros will be sold through an open tender system
whereas the items with floor price at 20,001 euros and above through
competitive bidding.
The uncut jade stones
with floor price set between 4,000 euros and 200,000 euros and finished jade
stones with floor price set between 1,000 euros and 200,000 euros will be sold
through an open tender system whereas the jade stones with floor price set
200,001 euros and above through competitive bidding.
Nearly 9,000 raw jade
lots were exhibited at last year’s emporium, earning 900 million euros, whereas
nearly 6,000 jade lots were displayed at the emporium held in June, fetching
520 million euros.
Ref; The Global New
Light of Myanmar
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