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July 19, 2018

336 gem lots to be sold through open tender

Merchants inspect a large jade stone on the third day of the 55th Myanma Gems Emporium. Photo: MNA
Merchants inspect a large jade stone on the third day of the 55th Myanma Gems Emporium. Photo: MNA

By Mawsi (MNA)
A total of 336 gem lots with a basic price of 500 euros and above for each lot will be sold through an open tender system on the fourth day of the Myanma Gems Emporium.
At the emporium, 336 gem lots and 6,795 jade lots were displayed. The gem lots have a basic price of 500 euros per lot. Finished jade lots have a basic price of 1,000 euros and raw jade lots have a basic price of 4,000 euros. There are 14 jade lots with a basic price of one million euros and above, and there is one jade lot with a basic price of 15 million euros.
On the third day of the 55th Myanma Gems Emporium, gem merchants inspected the gem lots with a basic price of 500 euros per lot displayed on the upper floor of the Mani Yadana Jade Hall in the morning and submitted their tenders into the tender boxes. Similarly, gem merchants inspected the raw jade lots with a basic price of 4,000 euros and above and finished jade lots with a basic price of 1,000 euros and above displayed on the upper floor of Mani Yadana Jade Hall. Officials responsible provided the necessary assistance.
Raw jade lots with a basic price of 4,000 euros and above and finished jade lots with a basic price of 1,000 euros and above will be sold under an open tender system from 24 to 29 June. On 24 June, jade lot numbers 1 to 1,150; on 25 June, jade lot numbers 1,151 to 2,300; on 26 June, jade lot numbers 2,301 to 3,450; on 27 June, jade lot numbers 3,451 to 4,600; on 28 June, jade lot numbers 4,601 to 5,750 and on 29 June, jade lot numbers 5,751 to 6,795 will be sold.
The 55th Myanma Gems Emporium organised by the Myanma Gem Emporium Central Committee will be held until 29 June at Mani Yadana Jade Hall, Nay Pyi Taw.
Gem merchants from China, Thailand, Canada, Australia and the United States visited the emporium, with most of them being from China. Over 1,200 local gem merchants and over 3,000 foreign gem merchants are attending the emporium.

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