In July 2016 India's polished exports rose by 0.85% to $ 1.65 billion, versus $ 1.63 billion in July last year.
By volume diamond export totaled 2.5 million carats against 2.8 million carats a year earlier. This is evidenced by the preliminary data of the Council to promote the export of gems and jewelery (Gem and Jewellery Export Promotion Council, GJEPC).
Rough imports in monetary terms, meanwhile, grew by 27.26% to $ 1.39 billion in July 2016, compared to $ 1.09 billion in July 2015. In volume diamond imports increased to 11.44 million carats against 9.34 million carats in the same period last year.
Rough diamond exports from India grew by 84.78% in July 2016 to $ 110.39 million, compared to $ 59.74 million a year earlier. By volume, the figure rose to 2.61 million carats against 2.21 million carats last year.
Polished diamond imports to India rose in July 2016 by 2% to $ 272.45 million from $ 266.87 million in July 2015.
https://coub.com/pearl.necklace
1 comment:
Former Finance Minister Tendai Biti Zimbabwe (Tendai Biti) believes that to establish a diamond bourse plan in the country is just "empty talk."
Last month's official Harare announced that Zimbabwe had become a regional and international center of trade through the establishment of the stock exchange, which will be the catalyst for this change.
"It will not work, as well as a number of projects that are proposed to implement in Zimbabwe, it is empty talk, - he said Biti told Rough & Polished on the sidelines of the African Council on Mining in Cape Town, South Africa -. In order to create a stock exchange, must be trust to the country, and in Zimbabwe there is no such trust. we do not trust their own government, we do not trust mining companies. it could be like if offered in Botswana or Namibia, to believe. But not Zimbabwe. "
He added that the international buyers, there is no sense to come to Zimbabwe, because the world's a lot of these sites for diamond trading, such as Antwerp.
The representative of Zimbabwe reported that in 2013 studied the model of the diamond trade in Antwerp, and invited consultants to create a diamond exchange project.
"Once we create the exchange, we will be able to attract large buyers of diamond segment, the volume of purchases of each of which will be at least $ 10 million", - said Deputy General Director for Marketing Minerals Marketing Corporation of Zimbabwe (MMCZ) Masimba Chandavengerva (Masimba Chandavengerwa ).
"Most of the international diamond buyers have expressed interest to visit Zimbabwe, but they avoided this because the diamond industry in the country is fragmented," - he added.
"With a diamond exchange, we can ensure that the assessment and cut stones are standardized. There will be no such situation in which various mining companies provide stones, sharply differing in quality. Buyers will know our assessment, as well as the fact that they will not be deceived "- concluded Chandavengerva.
Earlier it was reported that Zimbabwe's diamond reserves in the oil fields account for about 25% of the world.
Post a Comment