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Polished diamond
India Trade Calls for Lower Import Tax
India’s diamond sector has asked the government to reduce import duties for polished, arguing that a lower rate would boost the country’s position as a trading hub.The Gem & Jewellery Export Promotion Council (GJEPC)...
Polished Markets Jul 08, 2020 Rapaport News
Manhattan coronavirus
US Polished Imports Down 66% in March
US polished-diamond imports fell in March to their lowest level since December 2002 as the coronavirus hit global trading. The month saw the 12th consecutive year-on-year decline, according to Rapaport archives based on data from the...
Polished Markets May 19, 2020 Rapaport News
Antwerp Diamond Bourse.
Antwerp Trade Suffers Its Worst Month Ever
Belgium’s diamond trade fell to its lowest level on record in April as US orders dried up and the shutdown of the aviation industry made transporting goods almost impossible.Total diamond shipments in and out of Belgium slumped 89% year...
Polished Markets May 13, 2020 Joshua Freedman
Rough diamond
India Trade Urged to Freeze Rough Imports
India’s leading diamond-trade organizations have called on members to stop importing rough for at least a month to prevent an oversupply and ensure banks maintain their credit to the sector.Companies should consider pausing rough imports from May...
Rough Markets Apr 23, 2020 Rapaport News
India data
India’s Polished Exports Fall 41% in February
India’s polished-diamond trade slowed inFebruary, reflecting lower demand from Hong Kong and China due to thecoronavirus. Exports dropped 41% to $1.38 billion, while rough imports rose, accordingto data from the country’s Gem...
Polished Markets Apr 12, 2020 Rapaport News
Rough diamond
UK Secures Deal to Keep Rough Trade Alive
The UK has secured independent membership of the Kimberley Process (KP), enabling it to continue participating in the international rough-diamond trade after the nation leaves the European Union.Britain’s decision to withdraw from the EU on January 31 requires the...
Rough Markets Jan 15, 2020 Joshua Freedman
Polished diamonds
India Polished Exports Drop
India’s polished-diamond exports fell 15% to $1.95 billion inOctober, reflecting a 22% slide in the average price of shipments. Export volumerose 8% to 2.8 million carats, according to data from the Gem & JewelleryExport Promotion Council. The...
Polished Markets Nov 14, 2019 Rapaport News
Diamond exchange district
Israel Polished-Diamond Exports Decline
Israel’s polished-diamond exports fell 21% to $2.62 billionin the first nine months of the year, according to data from the nation’sMinistry of Economy. Shipments to the US, Israel’s largest export market,dropped 14% to $1.13 billion, while...
Polished Markets Nov 10, 2019 Rapaport News
AWDC
Belgium Diamond Trade Slows
Belgium’s diamond trade continued its decline in August, withrough and polished shipments slowing. Polished exports slumped 34%, reflectinglower volumes and a steep drop in the average price, according to data from theAntwerp World Diamond...
Polished Markets Sep 11, 2019 Rapaport News
Antwerp diamond processing AWDC
Belgium’s Rough Trade Hits Decade Low
Belgium’s rough-diamond trade fell in the first half to its lowest level since the financial crisis. Rough imports to the country declined 26% year on year to $4.36 billion during the six months ending June...
Polished Markets Jul 15, 2019 Rapaport News
India Data
India’s Polished Exports Fall in March
India’s polished exports dropped 8% year on year to $1.86 billion inMarch, reflecting continued weakness in the diamond market. Lower volumes outweighed a rise in the average price, according to data the Gem &Jewellery Export Promotion Council...
Polished Markets May 06, 2019 Rapaport News
NY diamond district
US Polished Imports Drop in Early 2019
The US polished-diamond trade was sluggish in the firsttwo months of the year, with imports declining and exports stable. Bothcategories recorded a weaker February than January. The drops in import valuereflected a lower average price in both...
Polished Markets May 02, 2019 Rapaport News
Gateway of India
India Starts Year with Export Slump
India’s polished-diamond exports dropped 16% to $1.75 billion in January,continuing their recent weakness. A slide in the volume of shipments outweigheda higher average price, according to data the Gem & Jewellery ExportPromotion Council (GJEPC) released this...
Polished Markets Feb 20, 2019 Rapaport News
US data
US Polished Imports Increase
US polished-diamond imports continued to rise in July, reflectinga higher average price, according to recent government data. Inbound shipments increased5% to $2.03 billion, the highest figure for July since 2015, even as volumesslipped. Polished imports were...
Polished Markets Oct 02, 2018 Rapaport News
US Data 150
US Polished Trade Grows in First Half
The US saw an increase in polished-diamondimports in the first half of 2018, reflecting robust consumer demand and ahigher average price. Inbound shipments rose 5% by value in the first sixmonths, and jumped 8% in the second quarter. April to June...
Polished Markets Aug 27, 2018 Rapaport News
US Trade Data 150
US Polished Imports Rise in May
US polished-diamond imports increased 7% year on year in May, a peak month for the trade due to preparations for the annual Las Vegas shows in early June. Shipments were still lower than the same month in 2013,...
Polished Markets Jul 23, 2018 Rapaport News
India BDB 150
India Sees Rise in Polished Exports
India’s polished-diamond exports grew 8% in March, accordingto data the nation’s Gem and Jewellery Export Promotion Council (GJEPC)released Friday. Shipments increased to $2.03 billion year on year for themonth, with the volume of exports falling...
Mining Apr 30, 2018 Rapaport News
Israel
Israel Extends Tax-Free Inspection Period
Israeli authorities have lengthened the amount of time dealers can spendinspecting polished diamonds without paying a 0.1% import duty. Diamond controller Danny Tal, Israel’s regulator for theindustry, will now allow companies up to 30 days...
Financial-Legal Apr 25, 2018 Rapaport News
Gem Diamonds Finds 149ct. Stone
India’s Diamond Trade Grows in 2017
India’s polished-diamond exports increased 2.1% to $23.09billion in 2017 as the nation shipped out a higher volume of goods. By weight, exports jumped 14% to 37.3 million carats, whilethe average price slipped 11% to $620 per carat, Rapaport...
Polished Markets Jan 22, 2018 Rapaport News
India gemologist inspecting gemstone
India’s Diamond Trade Slows in October
India’s diamond trade showed a significant slowdown inOctober as dealers and manufacturers took vacation for the Diwali festival. Polished-diamond exports slid 23% to $1.93 billion, according to data recently published by the Gem & Jewellery...
Polished Markets Nov 23, 2017 Rapaport News
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