[Gift Jewelry : Pearl Necklace, Pearl Bracelet, Pearl Ring and Pearl Earrings] 5/06/2018 11:16:00 PM

[Blogger]

Good consumer traffic and strong demand for some categories of diamonds raised the mood of diamond dealers at the Hong Kong International Jewelery Fair last week, Rapaport reports.
Many participants were satisfied with the results of the fair and said that they exceeded expectations and were better than the corresponding figures in 2012. Exhibitors watched a lot of interest and received a large number of preliminary applications for goods, which would not necessarily lead to the corresponding sales, since there remains a significant discrepancy between the prices offered by buyers and the requirements of sellers.
Although sellers raised prices, buyers remained relatively conservative, despite improved demand for goods.
Among visitors to the fair, buyers from mainland China prevailed, and their interest in the goods surprised some dealers who noted that the Chinese New Year's season was not particularly good. Some participants say that in the last nine months, the Chinese have almost never entered the market, so now their stocks are depleted.
Diamonds were bought actively, but selectively, because neither the retailers in the Far Eastern region nor their colleagues from South-East Asia want to increase their inventory excessively.

--
Posted By Blogger to Gift Jewelry : Pearl Necklace, Pearl Bracelet, Pearl Ring and Pearl Earrings at 5/06/2018 11:16:00 PM

[Blogger]

Thanks to the joint project of the Italian Trade Commission (ICE) and Fiera di Vicenza, with the support of the Hong Kong Trade Development Council (HKTDC), a unique platform for the presentation of the Italian jewelry industry in Hong Kong was created.
Fiera di Vicenza specializes in studying the latest trends in the jewelry industry, and its TRENDVISION Jewelery + Forecasting division regularly publishes reviews of trends and forecasts that are gaining popularity in many countries. Specially designed Italian program at the Hong Kong Jewelry Fair included a number of business meetings and seminars, as well as a press conference dedicated to the unique platform for studying, analyzing and forecasting trends in the jewelery market from TRENDVISION. At the Hong Kong Fair, 60 Italian jewelry companies were also represented.
The cooperation of the two organizers and important participants of the jewelry market - HKTDC and the organizer of the VicenzaOro fair - ensured the success of the presentation of the possibilities of the Italian jewelry industry for the Asian markets.

[Blogger]

polished imports in the US rose 10.6% year-on-year to $ 1.676 billion, Rapaport reports. Although the volume of imports decreased by 4.4%, the average cost of imported diamonds jumped by 15.7% to $ 1,647 per carat.
Exports of polished diamonds jumped by 28.7% in the month to $ 1.513 billion, thus, the net import of diamonds was only $ 164 million, significantly down from $ 340 million in the same month of 2012.
Import of rough in the US increased by 2.6% to $ 39 million compared to January 2012, while exports of rough diamonds fell 50% to $ 25 million, resulting in a net diamond import of $ 13 million for the same month of 2012 the net import of diamonds was negative and amounted to $ 12 million.
The net US diamond account for January 2013 (the difference of net imports and exports) was $ 177 million compared to $ 328 million in the same period last year.

[Blogger]

The 30th Hong Kong Fair of Precious Stones and Jewelry, held in Hong Kong from March 5 to 9, provided optimistic sentiment for market participants, according to a weekly message from Diamond World. According to the organizers of the fair, this year the event was attended by a record number of exhibitors - 3,300 companies from 49 countries and regions. The customer traffic at the Hong Kong Fair was also active, which confirms the importance and leading role of the Asian markets, and also indicates the return of interest in goods and revitalization in the industry. 
It seems that the participants of the diamond industry were satisfied with the Hong Kong Fair. Demand for diamonds was good, although prices did not fully meet the wishes of buyers. However, the very fact that diamonds are in demand is evidence of the process of replenishment of stocks and consequently of certain activity in the market.
Over the past few years, Asian markets have been key drivers of demand, they have experienced the same periods of economic turmoil, high diamond prices and low demand. Last year, the business of diamantaires was rather sluggish. But now, when the demand for diamonds is restored and a huge number of Chinese buyers have come to the market, industry participants hope that the enthusiasm observed at the fair will become the basis for the development of the industry in a new, positive direction.