Monday, November 25, 2024

Mid-Year Myanmar Gems Emporium: Seventh day sees sale of 1,823 jade lots

 



THE seventh day of the 2024 Mid-Year Myanmar Gems Emporium continued at the Maniyadana Jade Hall in Nay Pyi Taw yesterday, drawing both local and international gem traders. Jade lots from Group C, displayed in designated outdoor areas, were available for inspection and bidding.

pection and bidding. In the morning session, jade lots numbered 1701 to 2559 were offered for sale through an open tender system. Organizers announced that 595 lots were successfully sold during the session.

In the afternoon, Union Minister for Natural Resources and Environmental Conservation, U Khin Maung Yi, who also chairs the Gems Emporium Central Committee, visited the exhibition areas. He observed traders inspecting jade lots, monitored the submission of tender offers, and reviewed the tender evaluation process, providing guidance to officials.

On the eighth day, jade lots numbered 2560 to 3309 from Group C will be available for inspection and bidding by domestic traders. The sales results will be announced on the morning of 25 November

The emporium, held from 18 to 27 November, showcases 4,800 jade lots from Groups A, B, and C for sale through an open tender system. As of the seventh day, 1,823 out of 2,559 jade lots from Groups A and B have been sold.

Group C jade lots are reserved exclusively for Myanmar’s MSME enterprises to support local businesses. Only domestic traders can purchase these lots, with payment strictly in Kyats at the designated floor prices. Sales of Group C jade lots will continue until 27 November.

MNA/KZL

#TheGlobalNewLightOfMyanmar

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