Trade Center in the Diamond Exchange of India (Bharat Diamond Bourse, BDB) in Mumbai. Indian participants in the diamond industry, including marketing professionals, attended the event.
Pointing out that the lack of objective and detailed information about the habits of consumers is one of the biggest problems in the diamond industry, particularly in the manufacturing sector of the diamond pipeline, Golan emphasized the need to bridge the gap between informal discussions retail jewelers, and the fact that consumers are actually buying, which is very important.
The presentation was attended by market survey data for 2015 in terms of total cost of sales of natural diamonds in the specialty jewelry retailer in the US, as well as the volume of the stones sold in retail stores and their prices. NPD data was collected nearly 4,000 specialty retail jewelry retailers in the United States.
Also explained the pricing of diamonds of varying quality / shape / size, and special attention was paid to the possible revenue and profit for the representatives of wholesale and retail trade.
According to the NPD study, round diamonds are the most popular among consumers, and represent more than 71% of all diamonds sold. They were followed by the popularity of cut stones "Princess", and with a large backlog "oval" and "cushion". Meanwhile, in the first 7 months of 2016, sales of diamonds smaller than 0.90 carats fell in the range of 1.6% to 23% compared to the same period of 2015 year.
During the period from January to July this year, sales of branded jewelery showed double-digit growth of over 12%, while sales of non-brand of diamonds fell by almost 6%.
Referring to the market share of diamonds grown in a lab, Golan said that consumers today are aware of such stones and tend to their purchase. According to the analyst, the market will develop synthetics.
The company DDA Trading announced that it would be held in November in Antwerp the first auction of rough diamonds from offshore fields in Namibia (NUTAM).
On the trading session will be exposed about 20 000 carats rough diamond concession with underwater quarries Samicor ML56 and Diamond Fields Namibia ML 111.
Visitors will take place by appointment only. Dubai - from 6 to 10 November. In Antwerp - in the office of Antwerp Diamond Bank - 14 to 21 November with the closing of the sale on 22 November.
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Shanghai Gold Exchange (Shanghai Gold Exchange) has launched a new mobile application in the Chinese language, which is designed to facilitate online transactions with gold, celebrated on Xinhuanet.com portal.
ReplyDeleteAs stated in stock exchange statement, the demand for gold as a safe haven has grown, and the gold trade has faced a number of illegal actions. It is expected that a new mobile application will allow to fight such illegal practices.
The new application created for mobile iOS and Android operating systems, and allows you to open an account and conduct transactions online. In a statement, the exchange said that thanks to the new application traffic will be safer and more convenient commodity.
Shanghai Gold Exchange, founded October 30, 2002, is a membership-based organization and self-regulating entity. It was created on the initiative of the People's Bank of China approved by the State Council and is registered in the State Administration for Industry and Commerce of China.