Sales of 212 pearl lots earned K941,000,286 in the second-day emporium session, which continued at the Mani Yadana Jade Hall in Nay Pyi Taw yesterday.
A member of the pearl sale work committee said: “Lots of pearls have been sold in Myanmar kyat for 37 times among similar sales in euro and Myanmar kyat at home and abroad for 131 times. This emporium will divide three tenders for sales of 317 lots of pearl. Lots for tender No. 1 will be sold at noon and tender No. 2 at 4:30 pm today. At tomorrow noon, pearl lots for tender No. 3 will be sold.”
Union Minister for Natural Resources and Environmental Conservation U Khin Maung Yi and Deputy Minister U Min Min Oo inspected tenders’ submission, closure of tenders and opening of tenders for scrutiny and sales of pearl lots.
“I saw pieces of pearl displayed at the emporium are common use at the domestic market. Export quality pieces of pearl are better than that of today’s displayed. But, current pieces of pearl are appropriate for the domestic market. As stocks are set at fair prices, buyers are expected to obtain benefit. I think if I sell out this pearl, I will get profit,” said a gem merchant who viewed round displays of pearl and gems.
He added, “As the number of gem merchants at this emporium is lesser than those of previous ones. But I prefer to avoid crowds of merchants at the emporium. We all are convenient in transport because officials of the emporium have arranged safety for all. The pieces of pearl displayed at this emporium are marketable in Hong Kong.”
Sales of pearl and gems lots in Myanmar kyat for April 2021 will last ten days from 1 to 10 April. During the period, the emporium will sell 317 lots of pearl, 2,148 lots of jade, and 199 lots of gems to local gem merchants through open tenders. — Naing Lin/GNLM
Pieces of pearl displayed at the emporium marketable in Hong Kong
- April 03, 2021
- 1293