59th Myanmar Gems Emporium Day 2: 182 pearl lots sold

On the second day of the 59th Myanmar Gems Emporium yesterday, 182 out of 200 pearl lots have been sold, reports said.
The emporium showcases precious stones, including pearl and jade. Merchants are allowed to inspect each piece before discreetly submitting their proposed prices into tender boxes.
The prices are set in US dollars, but foreign traders can also pay in euros, yuan, or baht, and local merchants can pay in kyat. On the third day, 200 more sets of pearls will be sold through open tender again.
The emporium, scheduled from 3 to 12 May at the Maniyadana Jade Hall in Nay Pyi Taw, will offer 400 pearl lots, 160 jewellery and 4,550 jade lots through open tender. Union Minister for Natural Resources and Environmental Conservation U Khin Maung Yi, who is also patron of the emporium’s central committee, graced the second day of the event with his presence. — MNA/NT