Open bidding is a kind of rough stone trading behavior generally recognized by Chinese and foreign jade circles, that is, the excavated jade raw materials are publicly displayed, and buyers bid according to their own valuation and judgment.

To sum up, Myanmar Jade Fair, that is, the "exhibition competition" of buyers, is a big competition of financial resources, vision and courage. According to the related data phenomenon, more than 70% of the transaction price is.

The Myanmar Jade Expo is like a "competition" of jade merchants, a big competition of financial resources, vision and courage. Before the formal quotation, all jadeite wool is numbered, indicating the quantity, weight and reserve price, but the reserve price is generally very low.

After the Myanmar government nationalized all mineral resources in the early 1960s, in order to stop the tax loss and make the scarce jadeite resources create more foreign exchange income for the country, the Myanmar government began to control the jadeite wool market on March 1964.