Myanmar Gems Emporium: 228 pearl lots sold on fourth day of emporium

The fourth day of the 61st Myanmar Gems Emporium continued at Mani Yadana Jade Hall in Nay Pyi Taw on Sunday, with 228 pearl lots sold through an open tender system.

Local and foreign gem merchants inspected pearl, jade and gem lots displayed at the venue. Patron of the Central Committee for Holding Myanmar Gems Emporium, Union Minister for Natural Resources and Environmental Conservation U San Oo, oversaw the jade displays and tender process. Merchants also inspected 160 gem lots scheduled for sale on the fifth day and submitted their bids.

The bids were closed at 3 p.m., with the results to be announced at 8 a.m. on October 12. A total of 3,073 jade lots will be sold through open tenders. Of these, 1,605 lots in Groups A and B will be offered from October 13 to 15, while 1,468 lots in Group C will be sold on October 16 and 17. The emporium, which opened on October 8, will run until October 17. Private gems and jewellery shops at the venue are also attracting visitors and buyers.