Fifth day of 2022 Mid-Year Gems Emporium proceeds with sale of 665 gem lots

The 2022 Mid-Year Gems Emporium continued its fifth day at the Maniradana Jade Hall in Nay Pyi Taw yesterday.
Jade lots, gem lots and uncut jade lots were showcased in designated areas throughout the emporium, and local and foreign gem traders observed them in the morning. Then, gem dealers evaluated gem lots from No 1 to No 750 on sale and inserted bids into tender boxes. Then, officials declared the bids and that 665 gem lots were sold out.
Jade lots from No 750 to No 1,500 will be put on sale on the sixth day of the emporium under an open tender system.
At noon, Union Minister for Natural Resources and Environmental Conservation, Patron of Central Committee for Myanmar Gems Emporium U Khin Maung Yi and committee members viewed sale of jade lots through an open tender system at the Maniradana Jade Hall.
The 2022 Mid-Year Gems Emporium lasts between 19 and 25 October, and 362 of 400 pearl lots and 55 of 120 gem lots have been sold out so far.
The floor price for gem and jade lots is set in Euro, and all merchants can make a payment in USD, Euro, Yuan, Baht and Kyat currencies. —MNA

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