June 30, 2017

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Pearl lots fetch 1.7 million Euros on second day of 53rd Myanmar Gems Emporium

Traders appraise pearl lots at 53rd Myanmar Gems Emporium.
Traders appraise pearl lots at 53rd Myanmar Gems Emporium.

PEAL lots worth 1.7 Euros were sold at the 53th Myanmar Gems Emporium yesterday.
Foreign merchants from China, India, Japan, Singapore, Thailand and Australia as well as local merchants competed to buy the pearl lots through the tender system yesterday. The emporium kicked off in Nay Pyi Taw, with a 50,000 Euro deposit required of foreign merchants.
The duration of the emporium is possibly to be extended depending on the number of uncut jade lots and gem lots to be exhibited by sellers, according to the committee responsible for holding the emporium.

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