Mid-Year Gems Emporium: 55 gem lots sold out on fourth day

The fourth day of the 2022 MidYear Gems Emporium continued at the Maniradana Jade Hall in Nay Pyi Taw on October 22.

Pearl lots, jade lots, gem lots and uncut jade lots are displayed at designated areas inside and outside the hall and the emporium is packed with local and foreign gem dealers since morning.Local and foreign gem merchants viewed gem lots (from No 1 to No 120) prepared for sale at the emporium, and put bids in tender boxes.

Officials put the bids for gems lots (from No 1 to No 120) into the tender box 1 and 2, announced the bids and proclaimed that a total of 55 gem lots were sold.Jade lots (from No 1 to No 750) will be exhibited on the fifth day of the emporium for sale through an open tender system.

The 2022 Mid-Year Gems Emporium is being held at the Maniradana Jade Hall between 19 and 25 October, a total of 362 out of 400 pearl lots were sold and 55 gem lots out of one hundred and twenty gem lots and 2,150 jade lots will be sold on 23rd and 25th October through an open tender system.It is reported that the floor price for gem and jade lots is mentioned in euros and the gem traders can make a payment in USD, Euro, Yuan, Baht and Kyat currencies.