Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Hong Kong Polished Imports Continue to Slide

12 august 2016
Hong Kong’s polished diamond imports fell 9 percent in the first six months of 2016 driven by a decline in deliveries from the major trading centers, according to data compiled by the Diamond Federation of Hong Kong cited by Rapaport.
Shipments dropped to $8.52 billion, extending a downward trend that has persisted since the start of last year. A slump in imports from Belgium, India and Israel outweighed a slight increase in imports from the U.S. Imports by volume declined 2 percent to 9.4 million carats, while the average price slid 7 percent to $904 per carat.
Polished exports were flat at $6.65 billion, with shipments to Mainland China surging 19 percent to $1.26 billion and Indian orders nudging up 0.6 percent to $1.31 billion. Net polished imports, calculated as imports minus exports, fell 31 percent to $1.87 billion.
Rough imports dropped 22 percent to $716 million and rough exports increased 9 percent to $1.03 billion. Net rough imports, calculated as imports minus exports, were negative $317.5 million versus negative $28.7 million a year ago.
Hong Kong’s net diamond account, reflecting total rough and polished imports minus total exports, slumped 42 percent to $1.55 billion.