Lombok Sumbawa Auctions 200 kg Pearls Qualified

Lombok Sumbawa Pearl Festival will feature 200 kilograms of high quality pearls from all over Indonesia to be auctioned. Activity was the third time this time implemented. In 2011, the organizers are targeting total transactions of 150,000 U.S. dollars worth of USD 1.2 billion. This was conveyed by Deputy Head of the Organization of Pearl Farming Association of Indonesia (Asbumi), Bambang Heriawan. "We are targeting this year's auction value of 150,000 U.S. dollars," said Bambang. The amount is three times the value of transactions last year acquired the 45,000 U.S. dollars. A total of 36 buyers will follow the auction is held in private is who mostly come from abroad such as Japan, Hong Kong, and Southeast Asian countries. Although many buyers from overseas, Bambang see buyer interest in the country in the implementation of the festival this time increase compared to last year. This is because the name Pearl Festival Lombok Sumbawa has become known and become an annual agenda of tourism Lombok Sumbawa. In addition, domestic buyer confidence is also increasing because of the products listed are members Asbumi pearls. "They believe because of our members have a very good quality pearls. Because we typically exhibit in Kobe, Japan," said Bambang. Auction winners will be announced on Friday (08/07/2011) this evening by the Minister of Culture and Tourism, Jero Wacik in Lombok Sumbawa opening of the Pearl Festival 2011, at the Hotel Grand Legi Mataram. Although constrained Prices start under the spotlight of the world, Indonesia still has the pearl business challenges of pricing issues. Although the pearls have a unique South Sea Pearl Nusa Tenggara with the quality number one in the world, still less the selling price of pearls from the Philippines, Australia, and Japan. Price Sea pearls from Japan, Australia and the Philippines could reach 10,000 yen per mome in the world market. One mome equivalent to 3.75 grams of pearl. Meanwhile, the price of pearls from Indonesia as a whole new 5000-6000 yen per mome in the world market. "The problems in our place is all about quality. Here, the pearls brought out like a low to a high quality. So the margin is too wide," said Bambang. While in other countries, such as Myanmar, the government took over the trade of pearls exported abroad. "In Myanmar, only grade A pearls alone could dijualbelikan out. If the outside was used as an accessory. It should here also be made like that," said Bambang. In fact, he acknowledges, Indonesia is ranked first in terms of volume of exports to foreign countries. Australia ranked second in the new. "Indonesia control 53 percent of the world market. Needs pearl world today 9-10 tonnes per year," said Bambang. However, in terms of price ranking, Indonesia is ranked fourth. Ranked first and so on ie, Australia, Myanmar and the Philippines.