Rapaport News


Polished Markets

Rapaport Broadcast
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

Advanced search
Latest Articles
Rough Markets
Polished Markets

India’s Polished Exports Drop

Slump in volume outweighs higher average price in September.
Oct 17, 2018 10:51 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... India’s polished-diamond exports fell in September, according to data from the nation’s Gem & Jewellery Export Promotion Council (GJEPC).

Polished exports decreased 11% year on year to $2.37 billion and, by volume, fell 29% to 2.78 million carats. The average price rose 26% to $851 per carat.

Polished imports dropped 7% year on year to $163 million, while net polished exports — the excess of exports over imports — slipped 11% to $2.20 billion.

Rough imports fell 14% to $1.25 billion, while rough exports plummeted 50% to $85 million. Net rough imports decreased 10% to $1.17 billion.

The country’s net diamond account — the sum of rough and polished exports minus total imports — fell 12% to $1.03 billion.

Image: A polished diamond in tweezers. (Luibov Luganskaia/Shutterstock)
Tags: Gem & Jewellery Export Promotion Council, GJEPC, net diamond account, polished exports, Rapaport News
Similar Articles
GSI treated diamondLab Spots New Method for Masking Synthetics
Feb 25, 2020
Gemological Science International (GSI) is urging extra diligence after receiving...
China’s Diamond Trade Weighs Virus Effect
Couples Shelling Out More on Engagement Rings
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us