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...

Yesterday

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

India’s polished diamond exports up 26.51% in February

16 march 2021
news_16032021_gjepc.png
                    Image credit: GJEPC


India’s cut and polished diamond export increased 26.51 per cent registering $ 1750.19 mn during Feb 2021 as against $ 1383.43 mn exported in Feb 2020, according to provisional data released by the Gem & Jewellery Export Promotion Council of India.
During the fiscal year April ’20- Feb ’21, polished diamond exports recorded $ 14242.94 mn from $ 17,699.40 mn exported over the same months in FY 2019-2020, a decrease of 19.53 per cent.
Polished Lab Grown Diamond (LGDs) exports recorded $ 58.98 mn in Feb 2021 as against $ 37.05 mn in Feb 2020, an increase of 59.20 per cent. During the period April 2020 - Feb 2021, polished exports of LGDs was $ 617.69 mn against $ 393.21 mn exported from April 2019 to Feb 2020, an increase of 57.09 per cent.
Rough imports decreased during Feb 2021 by -0.27 per cent to $ 1463.70 mn as compared to $1467.59 mn imported during Feb 2020. During April 2020 - Feb 2021, the import of rough diamonds showed a decline of -23.43 per cent recording $ 9486.21 mn from $ 12388 mn imported during April 2019 - Feb 2020.
Rough lab grown diamond imports in Feb 2021 recorded $ 83.73 mn against $ 25.47 mn imported in Feb 2020, an increase of 228.71 per cent. During April 2020 - Feb 2021, rough LGDs imported registered $ 536.16 mn against $ 318.60 mn imported during April 2019 - Feb 2020, an increase of 68.29 per cent.

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