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Rough diamonds
Rough Slowdown Weighs on Asian Star
Sales and profit slumped at Indian diamond manufacturerAsian Star in the second fiscal quarter as weak rough demand prompted it to reduceits trading activities. The Mumbai-based company supplements its core cuttingbusiness by reselling rough through its...
Manufacturing Nov 18, 2019 Joshua Freedman
Rough Trading Slowed in 2018
Global rough-diamond shipments dropped last year,reflecting slower trading in India and Belgium, according to new data from theKimberley Process (KP). Total rough imports slipped 3% to $48.49 billion for 2018,with volume down 7% to 424.2 million...
Rough Markets Jul 09, 2019 Rapaport News
Alrosa Udachny mine
Alrosa Sees October Rise in Rough Demand
Alrosa sold $337.6 million worth of diamonds in Octoberas the rough market improved, the Russian miner reported.The figure was 9% higher than September, when factories werepreparing to close for Diwali. That month, Alrosa allowed...
Rough Markets Nov 12, 2017 Rapaport News
Alrosa rough sorting
Global Rough Trading Jumps in 2016
Global rough-diamond trading grew last year amid anincrease in average prices, according to data the Kimberley Process (KP)released Tuesday.Worldwide rough imports jumped 15% by value to $48.56billion in 2016, while import volume increased 11% to 380.8...
Rough Markets Jul 05, 2017 Rapaport News
De Beers
De Beers to Shut Dubai Auction Base
De Beers will close its auction-sales office in Dubai due todeclining demand from local companies, the miner has announced.Operations will cease on July 31, meaning De Beers will nolonger display rough diamonds there from...
Rough Markets Jun 15, 2017 Joshua Freedman
Antwerp Beurs Voor Diamanthandel
Belgium’s Polished Diamond Exports Decline
Belgium’s polished diamond exports fell 6 percent to $878.4million in November, according to the Antwerp World Diamond Centre. By volume,exports jumped 18 percent to 451,287 carats, while the average price dived 20percent to $1,946 per carat.Among Belgium’s main...
Polished Markets Dec 07, 2016 Rapaport News
Belgium’s Rough and Polished Trading Falls
Belgium’s diamond trading declined acrossthe board in October, in contrast to a recovery in rough inthe previous months of this year. Rough imports dropped 7 percent from a yearago to $897.4 million in October, while rough exports slumped 29 percent to$721.1...
Retail Nov 16, 2016 Rapaport News
Belgium’s Rough Trade Jumps
Belgium’s rough trading leapt in September as shipments ofuncut diamonds continued to outperform polished.Rough exports soared 61 percent to $1.42 billion and roughimports surged 39 percent to $1.21 billion, the Antwerp World Diamond Centrereported. By volume, rough exports...
Mining Oct 13, 2016 Rapaport News
Antwerp Beurs Voor Diamanthandel
Belgium's Rough Trade Continues to Rise
Belgium’s rough trade extended its recovery as exports andimports rose year on year in a seasonally subdued August, while polished datawas mixed.Rough exports leapt 23 percent to $530.6 million, whileimports jumped 9 percent to $659.2 million, according to data...
Rough Markets Sep 07, 2016 Rapaport News
Belgium’s Polished Diamond Trading Declines
Belgium’s polished trading slumped while rough tradingjumped in July. This is in line with a trend this year that has seen growth in roughshipments but a decline in polished.Polished exports in July fell 14 percent to $1.02 billiondespite the average...
Polished Markets Aug 04, 2016 Rapaport News
Antwerp Flag
Belgium Diamond Trade Slumps in June
Belgium’s diamond trading declined in June, with imports andexports of rough and polished falling in contrast with promising results in theprevious two months.Polished exports slumped 17 percent to $1.15 billion,according to the Antwerp World Diamond Centre. By volume,...
Polished Markets Jul 12, 2016 Rapaport News
Neil Ventura 3
De Beers Opens Rough Selling Platform to Trade
De Beers will allow businesses to sell rough diamonds from itsonline auction platform in a pilot scheme announced Thursday.The service is available forsingle stones of more than 5 carats or fancy-color diamonds. The limitedservice will only be available to businesses...
Rough Markets Jun 23, 2016 Rapaport News
Antwerp Cautious Despite Polished Trading Jump
The Antwerp World Diamond Centre (AWDC) warned Belgium’sfirst monthly increase in polished diamond exports in almost a year might not signala turnaround.Outbound polishedshipments rose 4.5 percent to $1.11 billion in May, the first time since...
Polished Markets Jun 07, 2016 Rapaport News
Antwerp Flag
Antwerp Gears Up for Rough Diamond Days
Antwerp’s rough diamond bourse, the Antwerpsche Diamantkring, will host the summer edition of the Antwerp Rough Diamond Days later thismonth.The fair will take place from June 21 to 22 in theDiamantkring’s trading hall. It is open to all...
Rough Markets Jun 06, 2016 Rapaport News
Antwerp Beurs Voor Diamanthandel
Antwerp Optimistic as April Rough Trading Climbs
The Antwerp World Diamond Centre (AWDC) said a surgein rough trading in Belgium in April warranted cautious optimism about thehealth of the diamond market.Imports of rough diamonds soared 34 percent to $1.22 billion,while rough exports surged 30 percent...
Rough Markets May 11, 2016 Rapaport News
DiamondCorp Says Worst is Behind Rough Market
The rough diamondmarket has seen the worst of its troubles, according to DiamondCorp chairmanEuan Worthington.“Early indications in 2016 are thatthere has been some stabilization in prices for polished stones as inventoriesare being drawn,” said Worthington....
Mining May 05, 2016 Rapaport News
IDTC Nirmala Sitharaman
GJEPC, BDB Inaugurate India's First Special Notified Zone for Rough Trading
The Gem& Jewellery Export Promotion Council (GJEPC) and Bharat Diamond Bourse(BDB) opened the India Diamond Trading Centre (IDTC) in Mumbai, India’s firstSpecial Notified Zone (SNZ) for rough diamond trading.Nirmala Sitharaman, India’s...
Rough Markets Dec 22, 2015 Rapaport News
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