Zaycho Market (also spelled Zay Cho, Zeigyo, Zaygyo, Zegyo Market) is the largest and the most important market in Mandalay as well as in upper Burma. Built since the time of King Mindon, Zaycho market is one of the oldest markets in Myanmar. Zaycho in Burmese means “cheap price”. Whether the prices are really cheap or not is difficult to answer. However, this is the market that goods and products from all over Myanmar as well as goods from India, China and Thailand are sold in lots. Zaycho market is the whole sale market as well as the retail market. You can find anything from Thai silk, Chinese (actually Burmese in origin) jade, Indian spice to Burmese handicraft, arts and jewellery. There are shops that sell food, fruits, household accessories, clothes and electronics. Upper Burma’s largest jewellery and gold market can be found here occupying the whole floor of one of the buildings.
In 1990s, the government demolished the old market buildings and rebuilt new ones in the place. There are now 8 market buildings, all of them four storey buildings except one which is six stories.
Editor’s Note: Many of the above information has been obtained from our reference book Lonely Planet Guide to Myanmar (Burma)
Zaycho Market is a beautiful place, so I would recommend any traveler to visit it. I agree that prices are really affordable there.