RapNet
The Most Precious Resource for Your Diamond Business


Rapaport News

 

Rough Markets

 
Rapaport Broadcast
Rapaport Illustrates the Importance of 'The Last 18 Inches'
July 01 2014 95:08

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

SRDSIL to Hold Second Rough Sale

The consortium will place up to 300,000 carats for sale on February 11.
Feb 6, 2012 6:40 AM   By Dilipp S Nag
Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Surat Rough Diamond Sourcing (India) Ltd. (SRDSIL), a consortium of Indian diamantaires, is planning to sell rough diamonds via tender on February 11 after successfully conducting its first sale of rough goods this past month.

''The viewing of goods is already going on and the bids will be opened on February 11,'' said Aagam Sanghavi, a spokesperson for SRDSIL and director of Sanghavi Exports, which is a member of the consortium.

He stated that the goods being offered are medium to low quality and that the process will be open to everyone.

''These are mixed origin goods. We have sourced the goods from various countries including Russia,'' Sanghavi noted. He didn’t provide the details about the volume and total value of the goods on offer.

The Times of India reported SRDSIL is offering between 200,000 carats and 300,000 carats of low-range goods for diamantaires mostly in  small to medium-sized businesses (SMBs). Sanghavi declined to confirm the figure with Rapaport News.

Sanghavi said that SRDSIL’s first online auction of rough diamonds was “good.” The consortium sold goods worth $17.2 million (INR 860 million) during its first auction in January.

Tags: Aagam Sanghavi, auction, diamonds, Dilipp S Nag, rough, Rough Diamonds, SRDSIL, tender
Similar Articles
Similar Videos
Botswana Reaches Out to Jewelers for Further Diversification
Jun 17, 2014
Botswana’s Minister of Minerals, Energy and Water Resources, Onkokame Kitso...
avi krawitz varda de beers sorting
Factors Affecting Rough... Varda Shine Discusses... De Beers YTD Sight...
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Terms and Conditions   RapNet Trading Rules & Code of Conduct    Privacy Policy  
All Content © Copyright 1982-2014 by Martin Rapaport. All rights reserved.  
About Rapaport
Advertise with us

Why RapNet? Why join Rapnet? RapNet for Buyers RapNet for Sellers Connecting on RapNet Pricing with RapNet RapNet Features Products and Services Rapaport Price List Rapaport Magazine Rapaport Auctions Laboratory Services RapNet Inventory Link Features Rapnet Customized Search Engine TradeScreen™ Price Research RapNet Excel® Add-In for Microsoft ® RapNet TradeLink® Buy Requests New Certs Program Rapaport Diamond Price Calculator Member Directory + Ratings System Programs to Connect to RapNet Data Rapaport Weekly Report Rapaport News Global customer Support Exhibitors Directory and Diamond Search Service About and News About Rapaport Events Market Reports Join RapNet Trading Wholesale Diamonds Buying Diamonds Certified Diamonds Diamond Prices Diamond Pricing Diamond Trade Diamond Trading Diamonds For Sale Sell Diamonds Contact Customer Service Contact Regional Offices Contact a representative