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What is the jade market in Myanmar?
On the nights of March 1 day and March 19, 2020, three jade night markets in Pagan, Myanmar were closed due to epidemic prevention, which opened the prelude to the closure of mines in Myanmar. In April, several mining areas were blocked and managed, and the exploitation of raw materials was further restricted.

2. In August, the Mandalay jade wholesale market, which was restricted in business in Myanmar, was completely closed, which made it difficult for local citizens in Myanmar to make a living and sell materials. At the same time, the demand for Myanmar raw materials in China jadeite market is in short supply, and jadeite began to rise.

3. The continuous mine closure has made the life of Myanmar citizens more and more difficult. More than 300,000 jade miners flocked to Pagan to find veins for mining.

4. Compared with 20 19-2020, Myanmar exported 2,000 tons of jadeite abroad, with an export value exceeding 420 million US dollars. In 2020, Myanmar's jadeite exports were struggling, with a serious decline.

In 5.202 1 year, the situation in Myanmar was turbulent, military unrest broke out in several mining areas, and war broke out at Nanmachangkou, Moning Town. Although the mining licenses of several mines have been extended, they are still mining. Since the rainy season, many mines have collapsed again, making the original jade mining worse.

At the end of 6.202 1, two live broadcast bases of Mandalay Jade Wholesale Market were raided, and more than 400 merchants who used WeChat to trade jadeite were arrested on the spot to strengthen market management.

7. From April 22nd to 28th, 2022, the 57th Myanmar Jewelry Fair (also known as Jade Fair) was finally held, and it was held again after a two-year window. There were 2000 groups of jadeites, 120 groups of precious stones and 330 groups of pearls, among which the reserve price of a group of jadeite rough stone was the highest, which was 1.2 million euros.

8. At the Expo, a piece of original jadeite stone weighing 35 tons was grandly exhibited. This original jade stone is the largest jade in this exhibition. After the cold winter, maybe the spring of Myanmar jade will come again.