Annual Gems and Jewellery Exhibition boosts jade, pearl and gem sales

THE ninth day of the 60th Myanma Gems Emporium was held yesterday morning at the Maniyadana Jade Hall in Nay Pyi Taw. Local and foreign gem traders viewed jade pieces from Group C at designated areas outside the hall.

At yesterday’s emporium, 717 out of 750 jade lots from Group C were sold to local and foreign traders through the open tender system. Merchants were allowed to inspect Group C jade lots numbered 4401 to 5085 and to submit their proposed prices into the respective tender boxes. Officials checked the proposals yesterday evening and will announce the lots to be sold on the morning of 26 November (today).

The Ministry of Natural Resources and Environmental Conservation organizes the Myanma Gems Emporiums annually to generate foreign exchange, promote economic benefits, and support national economic development.

At the 60th Myanma Gems Emporium, a total of 443 pearl lots, 67 gem lots, 2,110 jade lots from Groups A and B, and 1,412 jade lots from Group C were sold to local and foreign dealers.

MNA/ MKKS

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