Myanmar wants to regain power in the market of jade

Myanmar wants to regain power in the market of jade Sources said that the Myanmar Emerald Public Plate was opened on March 26 in Neybi, and it was finally restarted after a year of stagnation.

As the most important formal channel for Jadeite to enter the Chinese market, the actions of the Myanmar Public Treasury have affected the nerves of domestic jade manufacturers. Since the beginning of last year, the quality of the original stone in Myanmar's public market was not as good as before, and the Myanmar government has successively cancelled the public trading in June and November last year. The inventory of jadeite dealers has been reduced. "The Myanmar government will ban the original stone from 2013. "The rumors of exports" made the market even more uneasy.

Therefore, the news that Myanmar's reopening of the public disk caused great concern in the industry. The reporter immediately contacted the publisher of the news, but as of this writing, he has never received a response. Several of the jadeite dealers who were interviewed subsequently expressed that they had “not heard”, “should not be true”, and “have not received any information for the time being”.

Jieyang Jade Merchant Lin Haoran said: "I haven't heard of it. This year's Burmese public plate is still there, but it is only in Myanmar."

Jie Weihuan, vice president of the Jieyang Jewellery Jade Commodities Association and chairman of Bao Cuilin Jewelery Artwork Co., Ltd., told reporters: “It should not be true. We have not received any notification. There will be notices in the first month or two before the general public. Myanmar is now There are still internal plates, but all are low-grade goods."

In addition, the jadeite manufacturers stated that at present, the situation of the domestic jadeite market is almost the same as last year, and both of them are in trouble in the supply of raw materials.

Myanmar wants to regain power in the jade market to reduce the export of rough stones and increase exports of jade products. The Myanmar government is trying to regain control over the pricing power of the jade market. Last year, the news that the Myanmar government had forced Chinese jade manufacturers to set up factories in Myanmar had been handed down in Jieyang. "Burma wants to build a processing plant locally, and does not want the Chinese to make profits." The price can go up. Burma is like us to God of Wealth." "I think in the past, the labor is very cheap there. There is a big processing factory there to come to China to recruit people." Burma's control over the raw material of jade, let Chinese jade merchants are floating...

As for why Myanmar has ceased to be open to the public, there are other reasons other than the interests of jadeite dealers. Zhu Weihuan told the reporter: “Now it is mainly in Burma where mining is taking place and it is impossible to dig. In addition, the Myanmar government hopes that Chinese manufacturers will set up factories in Myanmar.”

Tang Huimin, a master of geology at the University of Taiwan and who has worked in the gem industry for nearly two decades, told reporters: “If you say that this year reopened the public market and only allowed 26 Chinese companies to enter the market, it was proved that many companies went to bid and then abandoned the bid. The fact that there is no mention of the issue has caused the Myanmar government a headache. They may have chosen more trustworthy vendors to bid, in order to avoid the phenomenon of bid escalation."

For this phenomenon, Jieyang, who is mainly engaged in high-grade jadeite business in Jieyang, frankly stated: “There are many violations of the regulations of some domestic businessmen who go to Myanmar. However, the system in Myanmar is not perfect. As we have merchants here, we can take dozens of people.” After bidding, in the middle, feel cheaper and take the money. If you feel bad, you don't want it anymore. The ** isn't your own anyway, so the stones are marked many times each time, but there aren't many real money to buy back."

Upstream prices are high, goods are low, and downstream growth is uninteresting. Although news about Myanmar reopening the market and only allowing 26 domestic jade manufacturers to enter the market has not yet been officially confirmed, the upstream and downstream jade merchants have their own judgment on the market prospects. . It is true that if the news is true, the high cost will only allow Jadeite to move toward high prices and the impact on the downstream will not be reflected immediately. The terminal consumer market may face price-free market even if it raises prices.

Tang Huimin told reporters: "Jade after all, is not a daily necessities, low-grade things, regardless of hundreds of thousands of dollars, or someone will buy, will not be affected. High-grade things will not be affected, because there are many dozen For billion-dollar buyers, it is not a problem to really buy tens of millions of yuan. Affected are only things without support, such as the price of non-ferrous glass products will surely come down, millions of dollars. The things are basically a little lower, ranging in magnitude."

2020

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