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

U.S. Feb. Polished Imports -53%; Net Diamond Acct. -77%

13 april 2009

The United States saw its imports of polished diamonds decrease 53 percent to $774.03 million in February 2009, according to data published by the U.S. International Trade Commission, RAPAPORT reported. Measured in volume terms, imports fell 46 percent to 664,721 carats, as the average price on imports dropped 14 percent compared to a year earlier, to $1,200.57 per carat.
Polished exports from the U.S. declined 45 percent to $669.3 million. Net polished imports, the excess of imports over exports, dropped 75 percent to $104.73 million.
Rough imports slid 92 percent to $5.91 million in February, and rough exports fell 84 to $5.83 million. Net rough imports (rough imports less exports) decreased 100 percent to $78,355. The U.S. February net diamond account, measuring total imports less total exports, fell 77 percent to $104.81 million.
During the first two months of the year, U.S. polished imports fell 51 percent to $1.53 billion, as imports by volume dropped 43 percent to 1,311.47 million carats. The average price on polished imports during January and February decreased 14 percent to $1,165.80 per carat. Polished exports fell 45 percent to $1.27 billion, as net polished imports declined 68 percent to $261.66 million.
Rough imports for the year to date decreased 86 percent to $20.13 million, and rough exports declined 75 percent to $20.48 million. Net rough imports fell to a deficit of $357,116, compared to positive $64.03 million in the same two-month period a year earlier.
The U.S. net diamond account for January – February fell 71 percent to $261.3 million.