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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
HK Show informa 150
Officials Calm Hong Kong Show Concerns
The organizers of the Hong Kong Jewellery & Gem Fair have assured the trade that the September show will take place as planned, and denied claims that exhibitors are requesting it be postponed due...
Polished Markets Aug 25, 2019 Rapaport News
Hong Kong show
Trade Calls to Postpone Hong Kong Show
Three major trade bodies have asked the organizer ofthe Hong Kong Jewellery & Gem Fair to delay the show until the political climate stabilizes. “Currently 30% to 40% of the exhibitors are demanding...
Polished Markets Aug 21, 2019 Rapaport News
The Fenix machine 150
Belgium Trade Cuts Diamond-Research Funding
The Antwerp World Diamond Centre (AWDC) will no longer provide financial backing to the city’s diamond-technology unit, citing difficult conditions in the local industry. “As a result of the high cost of labor in our country,almost the...
Polished Markets Jul 21, 2019 Rapaport News
WFDB External Advisor
Peter Meeus to Advise WFDB on Synthetics
The World Federation of Diamond Bourses (WFDB) has hiredPeter Meeus as an external adviser. He will be responsible for helping theorganization fine-tune its position on lab-grown diamonds and other industrymatters. Synthetic diamonds are a huge concern in the...
Polished Markets Jun 27, 2019 Leah Meirovich
AWDC
Belgium’s Rough Trade Slumps in May
Rough exports from Belgium dropped 37% year on year to $741.5million in May, reflecting continued weakness in the sector. Rough imports fell16%, according to data from the Antwerp World Diamond Centre. The polishedtrade was more...
Mining Jun 26, 2019 Rapaport News
AWDC building Antwerp
Belgium Rough Trade Slows in 1Q
Belgium saw a decline in its imports and exports of rough diamondsin the first quarter, as mining companies’ sales dropped.Shipments into thecountry slid 33% to $2.09 billion for the period, reflecting a 38% slump inrough sales...
Rough Markets Apr 28, 2019 Rapaport News
National Bank of Fujairah Antwerp launch April 201
Dubai’s NBF Enters Antwerp Lending Market
The National Bank of Fujairah (NBF) has launched arepresentative office in Antwerp as it looks to expand its business lending toestablished diamond traders. The Dubai-based bank targets wholesalers with secure sourcesof income and solid product...
Financial-Legal Apr 07, 2019 Joshua Freedman
belgium polished 150
Belgium Trade Declines in February
Belgium’s shipments of rough and polished slowed inFebruary. An 8% drop in the volume of polished exports outweighed growth in theaverage price, with the total value down 3% for the month, according to datathe Antwerp World Diamond Centre...
Polished Markets Mar 10, 2019 Rapaport News
Antwerp credit AWDC
Belgium Trade Slows in January
Belgium’s shipments of rough and polished slid in Januaryamid a slowdown in the global industry. A 10% drop in the volume of polishedexports outweighed growth in the average price, with the total value down 4%for the month, according...
Polished Markets Feb 18, 2019 Rapaport News
Antwerp Diamond Bourse
Record Average Price Supports Belgium Trade
Belgium’s polished exports were flat in 2018 as a higheraverage price offset a drop in volume, according to data the Antwerp WorldDiamond Centre (AWDC) released recently. Weakness in the market for smallerstones prompted an increase in trading in larger diamonds,...
Polished Markets Feb 04, 2019 Rapaport News
Antwerp port
Belgium Prepares for ‘No-Deal’ Brexit
Belgium’s diamond industry has urged companies to preparefor the possibility of the UK leaving the European Union (EU) without a customsdeal.Trading between the EU and the UK will be subject to customschecks if the two parties fail to finalize an agreement...
Rough Markets Jan 21, 2019 Rapaport News
Flanders Synthetic.
Flemish Govt. Backs Industrial-Synthetics Factory
A Belgian regional authority will invest EUR 2 million ($2.3million) in a production facility for industrial synthetics. The financial input from the government of Flanders willhelp India-based Heyaru Engineering launch the lab-grown-diamond factory — itsfirst in Europe...
Technology Jan 13, 2019 Rapaport News
DMCC GJEPC partnership
DMCC Joins GJEPC’s My KYC Initiative
The Dubai Diamond Exchange (DDE) will join the Gem &Jewellery Export Promotion Council’s (GJEPC) digital know-your-customerplatform. All members of the DDE’s parent company, the Dubai Multi Commodities Centre(DMCC), that trade in diamonds,...
Financial-Legal Dec 23, 2018 Rapaport News
Bain
India Strengthens Position in Diamond Cutting
India increased its dominance in cutting and polishing last year due to relatively low costs that gave it a competitive advantageover China, according to Bain & Company. The Indian diamond-manufacturing industry grew 11% in 2017,outpacing the...
Rough Markets Dec 12, 2018 Rapaport News
Antwerp
Higher Average Price Drives Belgium Exports
Belgium’s polished trade grew strongly inOctober, according to data from the Antwerp World Diamond Centre. Exports rose 17% amid a higher average price and steady volumes,reflecting trading in higher-value diamonds. Export value was...
Rough Markets Nov 25, 2018 Rapaport News
HRD Alibaba
Alibaba Strikes Deal with Belgian Trade
Chinese e-commerce giant Alibaba will collaborate with theAntwerp World Diamond Centre (AWDC) to bring Belgian diamonds to Chineseconsumers. Through the partnership, Shape of Antwerp diamonds will besold exclusively on the Chinese retailer’s Tmall online...
Retail Nov 06, 2018 Rapaport News
Antwerp
Record Average Price Lifts Belgium Exports
Belgium’s polished-diamond exports increased 5% in the thirdquarter as the average price hit a record high of $2,542 per carat. TheSeptember rate of $2,727 per carat was also the country’s loftiest result forany month, according to Rapaport...
Polished Markets Oct 11, 2018 Rapaport News
Antwerp 150
Belgium Trade Increases in July
Belgium saw a jump in rough and polished shipments inJuly, reflecting higher average prices, according to data the Antwerp WorldDiamond Centre (AWDC) released this week. Imports and exports of bothcategories for the first seven...
Polished Markets Aug 14, 2018 Rapaport News
Belgium 150
Belgium’s Polished Trade Grows in June
Belgiumsaw an increase in polished imports and exports in June, continuing a modestupward trend for the sector this year. The rough trade slowed in June, butfigures are up overall for the year to date. Belgium Diamond Trade...
Polished Markets Jul 18, 2018 Rapaport News
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