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

Hong Kong's Polished Imports +10% in 1Q

19 may 2014

Hong Kong’s polished diamond imports grew 10 percent year on year to $4.928 billion in the first quarter that ended March 31, according to the Diamond Federation of Hong Kong, China Ltd. By volume, polished imports fell 1 percent to 5.538 million carats. The average price for polished imports rose 12 percent to $890 per carat, Rapaport reported.
Polished exports rose 19 percent to $3.511 billion, leaving net polished imports - the excess of imports over exports - down 7 percent to $1.416 billion for the period.
Rough diamond imports to Hong Kong increased 15 percent to $533.6 million during the quarter. By volume, rough imports fell 2 percent to 4.01 million carats. The average price for rough imports rose 18 percent to $133 per carat. Exports of rough diamonds declined 21 percent to $549.6 million. Hong Kong's net rough imports, which is calculated as imports minus exports, improved to a deficit of $15.95 million, compared to a deficit of $231.37 million in the same quarter last year.
Hong Kong’s net diamond account, representing the value of total polished and rough imports over total exports, dropped 16 percent year on year to $1.401 billion during the quarter.