[Wedding Pearl Jewelry | Bridal Pearl Necklace] 4/14/2018 06:45:00 PM

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US polished imports rose 3.6% in June to $ 1.619 billion, while the average price of imported stones jumped 26% to $ 2,094 per carat, Rapaport reported. In the meantime, polished exports from the USA in June 2014 jumped by 15.1% to a record $ 2.941 billion, as a result, the import deficit reached a record of $ 1.321 billion, significantly exceeding the deficit of $ 993 million registered a year earlier.
The statistics of trade in diamonds in May and June usually reflect the activity at the JCK show, but since June 2011, polished imports after the fair have shown increasingly high deficits.
US rough diamond imports jumped 80% to $ 36 million in June, while diamond exports fell 48.1% to $ 14 million, thus the net import of diamonds was $ 22 million, compared with a negative figure of $ 7 million for the same month last year.
The net US diamond account for June (the difference between net imports and exports of diamonds and diamonds) was negative at $ 1.299 billion (a record high for a single month).
In the first half of 2014, US polished imports rose 5.3% year-on-year to $ 12.212 billion; diamond exports jumped 13.6% to $ 11.49 billion, indicating a decrease in net polished imports by 51.2% to $ 723 million. Imports of rough diamonds rose 72.6% to $ 366 million, while diamond exports jumped 81, 8% to $ 249 million. Net imports of diamonds increased by 56.8% to $ 116 million, resulting in a net diamond account for the period of $ 839 million compared to $ 1,555 billion in the same period last year.

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Posted By Blogger to Wedding Pearl Jewelry | Bridal Pearl Necklace at 4/14/2018 06:45:00 PM

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Customers from around the world who arrive at the International Diamond Week in Israel (IDW), organized on September 1-4 on the premises of the Israeli Diamond Exchange (IDE), will be presented products from 325 diamond companies in Israel.
"We have completed work on compiling a list of IDE members participating in this event. But we continue to register diamond buyers, and as the number of hotel rooms is limited, we encourage interested buyers to register as soon as possible, "warned IDE general manager Moti Besser.
IDW is a trade event organized by the joint efforts of three of the world's largest diamond exchanges: the IDE, the Diamond Dealers Club of New York (DDC) and the Antwerp Diamond Bourse. "The number of participants in the event of members of DDC and the Antwerp Diamond Bourse continued to rise, and therefore, it may well become the largest Diamond Weeks history of the project since the beginning of 2013", - the president of IDE Shmuel Schnitzer said (Shmuel Schnitzer).
Within the framework of the Israel Diamond week auction of exclusive diamonds Rapaport Group will be organized, the IDE press service reported.

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Indian diamantaires, based in Antwerp, Mumbai, Surat and Hong Kong, are concerned about reports of the bankruptcy of three or four companies in China, Hong Kong and Tokyo. According to some information, these companies have not paid Indian traders debts totaling 18 billion rupees. In addition, the financial position of at least six other firms can be called unsustainable, the Times of India said.
Indian diamantaires from Surat, Mumbai and the Hong Kong-based firms involved in the supply of diamonds began to panic.
Warnings of market participants about bankruptcies and weak financial position of Hong Kong companies can serve as an omen of huge losses of diamond traders.
India annually exports diamonds worth about $ 28 billion, of which about $ 8 billion is exported to Hong Kong. World gold prices in 2014 fell sharply compared to the previous year. This could cause the bankruptcy of jewelry companies that could not survive in the current market conditions.
Vipul Shah, Chairman of the Gems and Jewelery Export Promotion Council (GJEPC), said: "Reports of the bankruptcy of jewelry companies in China and Hong Kong with the speed of lightning spread across the market. However, we still have not received any official information on this matter. "