Polished imports by weight fell by 10% to 970,953 carats as the average price rose by 8%, to $ 2045 per carat. Polished diamond imports to the US from Israel increased by 13%, to $ 606.4 million, from India - fell by 3%, to $ 673.8 million, and from Belgium - decreased by 1%, to $ 281.5 million.
Diamond Exports rose 7% to $ 1.58 billion and net import decreased by 28% to $ 402 Mill.
rough imports fell by 22% to $ 35 million, while diamond exports jumped by 81% to $ 47 mn. net US import diamond It fell to minus $ 12 million, compared to plus $ 19 million in the same period of the previous year.
The balance of the diamond trade, reflecting the difference between net imports and exports fell by 33% to $ 389 million.
During the first quarter of the year, polished diamond imports to the US fell 11% to $ 2.45 billion, while exports of processed stones fell by 3% to $ 4.58 billion.
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The World Diamond Council (the WDC) and other members of the Kimberley Process (KP) have taken significant steps in addressing the many issues related to "diamond pipeline" at the annual meeting of the inter-organization, held in Perth, Australia.
The event this year, the chairman of the CP called for a plenary session in the new format, which involves the performance of each participant of the meeting to find a solution to a complex problem. KP members have reached a consensus on the proposals regarding the strengthening of the internal control manual, policy on conflicts of interest and the creation of a permanent secretariat KP.
"This week we talked about the basics of our future as we enter into a three-year cycle of review of the activity of the CP This process is vitally important because it will determine not only the future of the Kimberley Process, but also the future of the diamond industry for years to come." - said the president WDC Andrey Polyakov.
"To raise the efficiency of the CP to the next level, we have to go beyond administrative issues and make sure that in the coming years, responsibility and experience will go hand in hand. At the meeting, we made a big step in this direction, carefully and constructively discuss all aspects related the origin of the diamonds that consumers eventually buy in our interest to continue to lead this productive dialogue, so that we can continue to fulfill its promise to eradicate conflict diamonds from the supply chain ". - Polyakov said.
"The fruitful discussions that we held, will continue in the coming months in a spirit of partnership and commitment to finding solutions to our problems. One of the topics of the meeting was the need to ensure that African countries receive the maximum benefit from artisanal mining to develop its economy and improve conditions the lives of its citizens. Adherence to standards of business conduct and social responsibility will be a step forward and make it possible is to improve living conditions of the people. the WDC through its members to play an important role in this respect, providing access to important educational programs to assess the product ", - concluded the Poles.
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