In a unique and "one of a kind" event was attended by all the leading gemological laboratories and some technology companies that showed visitors the various types of machinery, equipment and technology available to identify synthetic diamonds. Along with the exhibition also held a series of talks and panel discussions.
Opening the event, chairman of GJEPC Pravinshankar Pandya (Praveenshankar Pandya) said: "DDES is one of several policy for the conservation of global trade initiatives and consumer confidence in diamonds from India, We are going to upgrade the main centers for the production of jewelry in India and provide them with modern tools and techniques. detection, to protect themselves from an undisclosed mix of synthetic stone with lots of natural diamonds. mixing in any form is unacceptable. "
He added that GJEPC led initiative to raise awareness of synthetic diamonds with the 2013-14 years and is actively cooperating with all key stakeholders in this respect. The most important areas for the organization - is the detection, differentiation, disclosure and documentation.
During the presentations and panel discussions, held a meeting on the theme "Impact of synthetics on the diamond industry in Surat» (Impact of Synthetics on Diamond Industry in Surat), conducted by the moderator Samirom Dzhoshi (Samir Joshi) from the Indian Diamond Institute with such participants as Praveenshankar Pandya, Ashish Mehta (Ashish Mehta), Dineshbhay Nawada (Dineshbhai Navadiya) and Kevan inIran (Keval Virani) of Karp Impex.
The results of the study on the market of synthetic diamonds spent for Bonas & Co of NDMC, have been published as part of DDES 2017. According to the study, the current maximum capacity of the production of synthetic diamond in the world is in the range of 2.3 million - 4.2 million carats per year, or about 2-3% of the total supply of natural diamonds.
Ashish Mehta (Ashish Mehta), coordinator of NDMC, said: "The Committee has initiated a number of steps to promote fair trade and to prevent any adverse situations that may damage the reputation of the industry Bonas & Co study conducted on four continents in the past four months, shows. that the production of synthetic diamond HPHT method is growing rapidly, and the CVD method - slow China is a leader in the production of synthetic HPHT method along with Russia (large stones), while Singapore is the leader in the production. e CVD diamonds. Production of synthetic stones is growing fast, but not as much as recent unconfirmed reports. This growth has no significant impact on the market, but the effect on the mentality. Today, the business of natural diamonds phenomenally increased due to strong marketing over the years. Synthetic diamonds will need plenty of time to catch up with him. "
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Tiffany & Co. It reported that its holiday sales for the two months ended December 31, down 6% compared to the same period last year, to $ 961 million. The company's revenue has come under pressure due to the strengthening of the dollar and by the reduction of tourist expenditure.
ReplyDeleteTiffany also lowered its net profit forecast for the full year by 10%. Comparable store sales jewelry companies around the world have fallen by 5% in the reporting period.
Decrease in tourist spending in New York, as well as in other cities and regions of the US, have worsened an already negative sales figures. Total sales fell by 7% compared to the same period last year and amounted to $ 505 million. The significant weakening of sales in Hong Kong and Singapore has worsened sales in the Asia-Pacific region, but in Japan, sales to local customers and tourists grew by 9% in the US, according to the statement. The dynamics of sales in Europe was mixed.
"The holiday season we are still under pressure of a strong US dollar in transactions outside the country, as well as the costs of foreign tourists in the US This trend is likely to continue in 2016." - said Frederick Kyumenal (Frederic Cumenal), president of Tiffany & Co.
"We believe that sales results negatively affected by the restraint in consumer spending due to the difficult and uncertain conditions in the global economy. We expect that earnings in 2015 will be close to the lower limit of our previous estimates. However, the initial results of sales of our new fashion jewelry were good. "