Gems traders in Mandalay plan to hold a protest tomorrow, calling on the government to take action to bolster the region’s slumping jade market. According to U Than Win, one of the protest’s leaders, the market for jade in Mandalay has been in decline for almost three years and now many traders are finding it difficult to […]
Hpakant jade sales thrive as Mandalay market slumps
February 22, 2016 by
Jade traders in Mandalay say Chinese buyers are becoming an increasingly rare sight, as many seem to be buying directly from the mines in Hpakant. The jade market in Mandalay has been struggling since 2014 and neared collapse in 2015 with few buyers to be seen, said traders at the Maha Aung Myay Gems Trading […]
