Work hard and you will find success

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

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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...

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Japan: Polished Diamond Imports in January Weaken

14 march 2012

Japan imported $72.3 million worth of polished diamonds in January, starting the year with a decline compared to January the previous year, and signaling the end of a nine-month rise in diamond demand, reported citing IDEX Online.
Since the triple disaster hit Japan in March 2011, diamond imports registered regular double-digit year-over-year increases. The trend started to weaken in November, when imports increased by 7.3%. However in December, imports surged ahead again during the height of the holiday season.
The January figures are practically flat, softening 0.2% year-over-year, based on figures released by Momozawa & Co., Inc. The volume of imports fell 23.6% to 186,001 carats.
Imports in January are typically larger than in December, as inventory replenishments start. January 2012 was no different. This year, however, the month-over-month increase was a small 8.7%. In past years, the increase was usually 40% or larger.
India is Japan's leading loose polished diamond supplier, source of 140,618 carats worth $41.8 million in January.