RapNet


Rapaport News

 

Polished Markets

 
Rapaport Broadcast
Martin Rapaport’s Webinar on Estate Jewelry
October 30 2019

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

U.S. Polished Diamond Imports Rise

Oct 9, 2016 11:04 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... U.S. polished diamond imports rose to the highest level seen in the seasonally slow month of August in three years.

Inbound shipments of polished rose 2.4 percent to $1.66 billion, the strongest August since 2013 when orders stood at $1.67 billion, according to government figures. The month was the quietest so far this year because markets slowed down in the summer.

Polished imports by weight jumped 4 percent to 906,469 carats, while the average price declined 1.5 percent to $1,833 per carat.

Polished diamond exports, meanwhile, increased 3 percent to $1.38 billion, driving net imports down 0.7 percent to $280 million.

Rough diamond imports slumped 69 percent to $13.4 million, while rough exports were halved to $16 million, leaving net rough imports at negative $2 million versus positive $11 million a year ago. The county’s net diamond account for August dipped 0.7 percent to $280 million.

During the first eight months of the year, polished imports fell 2.7 percent to $15.62 billion and polished exports retreated 1.2 percent to $12.76 billion, resulting in net imports sliding 9 percent to $2.87 billion.
Tags: exports, imports, imports and exports, new york, Polished Diamonds, polished exports, polished imports, Rapaport News, u.s.
Similar Articles
Bonhams London JewelsCartier Necklace Smashes Estimate at Bonhams
Dec 08, 2019
An Art Deco aquamarine and diamond necklace by Cartierfetched more than...
Rapaport Weekly Market Comment
GIA to Shut Down Dubai Branch



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