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US Diamond week in Israel
Trade Relations
If the golden rule for real estate is location, then for the diamond industry it is all about relationships. Not only on a personal level between dealers, buyers and suppliers, but also diamond bourses are increasingly...
Polished Markets Apr 10, 2014 Avi Krawitz
De Beers Diamond Sorting
De Beers Sight Estimated at $700M
De Beers sight number 3 closed with an estimated value of $700 million after the mining company raised its rough diamond prices by 3 percent to 4 percent. Box assortments were relatively unchanged and some ex-plan was offered....
Rough Markets Apr 08, 2014 Avi Krawitz
sun-drop diamond
Exceptional Diamond Segments
Unique large and color diamonds are poised to fetch strong prices on the auction circuit again this year. The Sotheby’s Hong Kong jewels sale taking place on April 7 and the Christie’s New York...
Polished Markets Apr 04, 2014 Avi Krawitz
The Diamond Show
Basel Shows Signal Robust High-End Demand
The diamond and jewelry shows that took place in Basel, Switzerland this week signaled robust demand for high-end pieces, even though visitor traffic was slightly down from last year. “Overall, there’s...
Polished Markets Apr 02, 2014 Avi Krawitz
Israel Flag
Buyers Have Improved AttitudeSentiment improved in the Israel Diamond Exchange (IDE) after the Hong Kong show met dealer expectations. Approximately 130 companies exhibited in the Israel Diamond Pavilion at the show, registering as one...
Magazine-Market Report Apr 01, 2014 Avi Krawitz
Trade Report Icon
Trade Report
Demand Steady, Prices FirmThe diamond market concluded the first quarter with improved confidence but profit margins remain a concern for manufacturers.All eyes in the diamond trade were on the much-anticipated Hong Kong International...
Magazine-Industry Apr 01, 2014 Avi Krawitz
Polished Diamonds
A First Quarter Review
By most accounts, the first quarter of 2014 was positive for the diamond industry. Polished prices rose, turnover increased and liquidity improved, after a challenging year in 2013. Rough prices also increased and continue...
Polished Markets Mar 28, 2014 Avi Krawitz
Synthetic Diamond
Synthetics Are 100% Detectable
De Beers is confident that its technology detects all synthetic diamonds. During a correspondence with Rapaport, De Beers head of technologies, Dr. Simon Lawson, refuted claims by Yossi Kuzi of EGL Hong Kong that De Beers DiamondSure™ and...
Polished Markets Mar 21, 2014 Avi Krawitz
Yellow Rough
The Special Rough Market
Rough diamond demand and prices don’t always follow trends in the polished market – much to the dismay of diamond manufacturers who often complain about the disconnection between the two markets. The exception is in exceptional...
Rough Markets Mar 14, 2014 Avi Krawitz
Hong Kong Show March 2014
Hong Kong Momentum
The Hong Kong International Jewellery Show that took place this week injected some confidence into the diamond trade, even though the market is not booming. That the show was okay, and...
Polished Markets Mar 07, 2014 Avi Krawitz
De Beers Diamond Sorting
De Beers Prices Stable at $650M Feb. Sight
De Beers kept its prices basically stable as the February sight closed with an estimated value of $650 million. “De Beers surprised us because everyone thought they would raise prices at the sight,” said an Israel-based rough...
Rough Markets Mar 04, 2014 Avi Krawitz
Israel Flag
Strong Seasonal Demand Ups PricesAll eyes were on the rough diamond market in February as strong seasonal demand supported higher prices in the trade. Nissim Zuaretez, chief executive officer (CEO) of D.N. Diamonds, a specialist supplier...
Magazine-Market Report Mar 01, 2014 Avi Krawitz
Trade Report Icon
Trade Report
Miners Profit, Manufacturers SqueezedSteady Chinese New Year jewelry sales and a stable U.S. market inspire confidence but high rough prices are still a concern. Polished markets were stable in February as sentiment in the Far...
Magazine-Industry Mar 01, 2014 Avi Krawitz
Jewelry Giants
Signet Jewelers’ $1.4 billion acquisition of Zale Corporation announced last week signals the emergence of another retail giant in the diamond and jewelry market; not that the two companies were such small fish...
Retail Feb 28, 2014 Avi Krawitz
Indian Cutter
India's Credit Crunch
Liquidity should be tightening in India’s diamond manufacturing sector despite the spike in activity that has taken hold in 2014. As a result, many view the current buoyant rough market with caution as it reflects a seasonal surge that...
Manufacturing Feb 21, 2014 Avi Krawitz
Letseng Mine
Diamond Mining Mergers
The diamond mining sector tends to go through waves of acquisitions. The last round saw Dominion Diamond Corporation and Petra Diamonds emerge as high-volume producers as they snapped up mines that were for sale at BHP Billiton...
Mining Feb 14, 2014 Avi Krawitz
GIA Grading Report
Certified Delays
Diamond manufacturers are frustrated by the long turnaround time of goods being sent to the Gemological Institute of America (GIA) for certification. The recent delays have stemmed from a steady rise in demand for certificates as the...
Polished Markets Feb 07, 2014 Avi Krawitz
Israel Flag
Broadening TradeIsrael’s diamond industry grew in 2013 even if it didn’t always feel that way. After all, manufacturers and dealers spent much of the year complaining that profit margins were being squeezed by disproportionately high...
Magazine-Market Report Feb 01, 2014 Avi Krawitz
Rough Market Restraint
The rough diamond price hikes that took effect in January did not surprise the market even if they were higher than expected. Most anticipated an increase as rough trading was fairly depressed in the second...
Polished Markets Jan 31, 2014 Avi Krawitz
DTC Botswana Building
De Beers Jan. Sight Estimated at $700M
The De Beers January sight closed with an estimated value of $700 million as the company raised prices by 5 percent on average. The price hike affected most categories, while the company also adjusted assortments in its boxes....
Rough Markets Jan 28, 2014 Avi Krawitz
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