Tools
News
Gemstone shapes
Chanthaburi . 2007-09-17
Gemstone market news
Myanmar politics affect ruby trade
Political situation in Myanmar (Burma) is getting worse. Petrol and transportation prices increased a lot. As in all production sectors, gemstone and especially ruby mining is affected

Political situation in Myanmar (Burma) is getting worse. Petrol and transportation prices increased a lot. As in all production sectors, gemstone and especially ruby mining is affected by high machinery and transportation expenses.
Rough and cut ruby trade just stopped. Only some old material is available with a huge increase in price. It seems that all country is waiting to see what the military junta in power will do against its starving citizens.
As a result, the lack of material and price increase affect our Chanthaburi market. It is now very difficult to find Burma material for decent prices. Only low qualities in small stones are still available.

Source : Roger Pingley
puce Back to all news
Archives

View all Gemstones news...

RSS