Happy New Year 2011!
We are back to the office today. It was short and very cold weather vacation.
Japanese Yen has been strong against US$ & Euro since last year.
It was problem for our export business.
However Fine quality Japanese pearls are popular for oversea market.
We expect to export more of Japanese Akoya pearls for Asian countries.
New crop auction has been started.
Price of fine quality are raised about 10~20% compared with last year.
Because quantity of fine quality are less than last year.
We hope new year is going to be a good year for pearl business.