December 14, 2016

Breaking News

3,379 jade lots sold for 385.64 million Euros

Traders check a jade stone at the 53rd Myanmar Gems Emporium in Nay Pyi Taw.
Traders check a jade stone at the 53rd Myanmar Gems Emporium in Nay Pyi Taw.

WITH the sale of 680 lots of jade yesterday the total earnings from the sales of jade lots at the 53rd Myanmar Gems Emporium in Nay Pyi Taw reached the 385.64 million Euro mark.
A total of 1,000 lots of jade went on sale at the emporium yesterday and 680 lots, worth in total 58.64 million Euros, were bought by traders through the tender system.
So far, 3,379 lots of jade have found buyers within nine days.
More lots of jade are set to go on sale with displays of 1,000 lots today and jade lots with a reserve price of 200,001 Euros per item will be sold at auction Monday through Wednesday.

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