Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

Yesterday

GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

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

Belgium's Rough Trade Continues to Rise

09 september 2016
Belgium’s rough trade extended its recovery as exports and imports rose year on year in a seasonally subdued August, while polished data was mixed.
Rough exports leapt 23 percent to $530.6 million, while imports jumped 9 percent to $659.2 million, according to data from the Antwerp World Diamond Centre. This left net rough imports 26 percent higher at $128.6 million.
Outbound polished shipments surged 17 percent to $398.6 million but inbound orders fell 7 percent to $648.2 million. Net polished exports were negative $249.6 million versus negative $353.3 million a year ago, meaning a greater value of polished diamonds entered the country than left it.
By weight, polished exports slid 7 percent to 173,009 carats and imports fell 4 percent to 404,641 carats.
Belgium’s net diamond account for August, representing total polished and rough exports minus total imports, was negative $378.2 million, meaning the country brought in more than it shipped out. This compared with negative $526.7 million a year ago.
The nation’s rough diamond trade slumped in 2015 – with imports down 25 percent and exports sliding 27 percent – but has picked up so far this year. Rough exports by value rose 7 percent to $8.4 billion in the first eight months of 2016, while polished underperformed with an 8 percent drop in exports to $8.1 billion. Polished imports fell 10 percent to $7.95 billion in January to August.
The improvement in the market is in line with an increase in rough trading globally this year. De Beers reported rough sales advanced 11 percent in the first half as demand picked up, while ALROSA’s revenue soared 42 percent.