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...


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

Japan’s Polished Diamond Imports Continue To Fall

14 april 2009

Japan's imports of polished diamonds in February declined 27.5 percent to US$48.03 million. By volume, however, exports inched up a slight 0.4 percent to 167,858 carats. The shift resulted in a 27.8 percent decline in the average value of imports, to US$286 per carat, Tacy reported.
The prolonged recession, coupled with the global economic crisis, is causing Japanese consumers to tighten their family budgets, limit their spending at department stores and reduce jewelry purchases. This resulted in a month-over-month drop of 28.3 percent in polished diamond imports.
Imports from India, Japan's leading supplier by value and volume, declined 26.9 percent to US$19.22 million and 27.5 percent to 121,667 carats to an average of US$158 per carat.
Belgium shipped US$13.89 million worth of goods, averaging US$892 per carat. Trade with Israel dropped 41.5 percent to just US$4.21 million, averaging US$1,040 per carat.