Ali Pastorini: Selling just the idea of glamour is no longer enough

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

21 may 2018

Diamonds are shifting from occasional to daily wear

Joy Alukkas started his first jewellery showroom in UAE in the year 1987, and today the Joyalukkas Group is a multi-billion global conglomerate with varied business interests. Beginning with a single jewellery room in Abu Dhabi, Joy Alukkas has grown...

14 may 2018

GJC has played a crucial role in the last 10 years in improving the compliance level in the industry

Coming from a renowned family of jewellers based in Akola, Maharashtra, Nitin Khandelwal heads Khandelwal Jewellers (Akola) Pvt Ltd. He has interests in the Plastic industry, Real estate, Health & Recreation and Cold storage industries as well...

07 may 2018

Johnson: ASM diamond sector a potential new source of supply for De Beers

De Beers recently said that it is planning to pilot a programme called GemFair that will create a “secure and transparent route” to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair would partner with the Diamond...

03 may 2018

Zimnisky: Hard to protect lab-diamond price as production methods, economics improve

Paul Zimnisky, an independent diamond industry analyst and consultant, said it will be very difficult for the lab-diamond manufactures to protect price as production processes and economics improve. He told Rough & Polished’s Mathew Nyaungwa in an exclusive...

23 april 2018

Hong Kong’s polished imports up 10% in Q1 2018

08 may 2018
Hong Kong’s polished-diamond imports increased 10% to $5.17 bn in the first three months 2018. By volume, imports grew 6% to 5.3 mn cts, while the average price increased 3% to $982 per ct. Polished imports from India, its biggest supplier of diamonds, increased 4% to $2.36 bn, while Belgium went up by 27% to $504.4 mn, US to rose 2% to $493 mn, while imports from Israel dropped 7% to $434.3 mn.
Hong Kong’s polished exports grew 4% to $3.53 bn for the quarter. Polished exports to mainland China too rose 11% to $808.1 mn. Rough imports increased 61% to $539.1 mn, with rough exports up 85% to $907.6 mn. Net rough imports stood at negative $368.5 mn, compared with a low of $155.1 mn a year ago.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished


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