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

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Japan's Diamond Imports Keep Rising, Up 28% in June

13 august 2012

Japan is not losing its appetite for diamonds, marking another month of import increases. In June Japan imported $91 million worth of polished diamonds, an impressive 28.3 percent year-over-year increase, IDEX Online reported.
The figure is remarkable considering that polished diamond prices peaked last June and have since then declined.
Underscoring the decline in global diamond prices, the average per carat value of imports, $477.05, are 10.6 percent lower than the average value of goods imported in June 2011, based on figures supplied by Momozawa & Co., Inc. Japan.
Compared to May, Japan's diamond imports jumped 19.6 percent.
In the first half of 2012, Japan imported $440 million worth of polished diamonds. This is a 19.6 percent increase compared to the January-June period of 2011.
For many years, Japan was the second largest global consumer market of diamonds. In the past few years demand for diamond jewelry declined, a trend that ended last year after a major earthquake stuck the country.
India is Japan's leading diamond supplier, shipping 112,884 carats worth $30.7 million in June and 664,735 carats worth $211.6 million in the first six months of 2012.
Belgium, Hong Kong and Israel follow India as leading sources of diamonds.