New crop auction of Japanese Akoya cultured pearls was over.
Average prices of top to medium quality are about 20% higher than last year.
The quantity of top to medium are short this year.
Also demand of Chinese market is strong and there are not enough quantities for them.
That is why the price was going up.
Domestic market has been weak and we predict this year too.
So we can not increase price for domestic market but export "China market".
New merchandises are coming around summer.
Average prices of top to medium quality are about 20% higher than last year.
The quantity of top to medium are short this year.
Also demand of Chinese market is strong and there are not enough quantities for them.
That is why the price was going up.
Domestic market has been weak and we predict this year too.
So we can not increase price for domestic market but export "China market".
New merchandises are coming around summer.
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