Reuters reported polished diamond prices may struggle to hold onto gains in the first quarter of 2012 due to worries over the global economic outlook.
Continue reading "Economy Hits Polished Diamond Prices in First Quarter of 2012"
Monday, October 24, 2011
SmartMoney reported ICBC (HK:1398) has signed an agreement with the Antwerp World Diamond Center to offer diamond financing.
Continue reading "ICBC, Antwerp World Diamond Center Set Diamond Financing Pact"
Tuesday, November 17, 2009
Though there are clear signs of a financial recovery around the world, at what price would there be a recovery for roughs? Is the `new-normal' daunting for the diamond industry?
Continue reading "Price Bubble In The Offing?"
Tuesday, October 27, 2009
Can the diamond market look forward to a complete recovery by end-2010? There are some in the sector who express confidence that the worst is over, and that prices for uncut as well as polished, have bottomed out. 2010 looks good, they say. Yet there are others who differ in opinion.
Continue reading "Will diamond recover by 2010?"
Sunday, July 19, 2009
Antwerp’s imports and exports of both rough and polished diamonds into and from Antwerp were lower in June as compared to the same month a year earlier. For full story, click here
Continue reading "Antwerp’s June Diamond Trade Figures"
Monday, July 13, 2009
Diamond India recently struck a deal with a miner in Namibia, to directly source diamonds, establishing the first ever such deal in India. DIL is the Indian consortium made up of 60 large and medium sized diamond exporters of the country, who would previously purchased diamonds from Antwerp; Antwerp would source the diamonds from Russia, [...]
Continue reading "DIL has struck a deal to directly procure diamonds from Nambia"
Monday, March 30, 2009
With a whopping $43 billion of rough and cut diamonds passing through Antwerp, home to some 300 Indian families mainly hailing from Palanpur in Gujarat that are engaged in the trade, this Belgian city’s diamond market is dangerously overdrawn and recovering from the financial meltdown. For full story, click here
Continue reading "Antwerp’s diamond industry recovers from recession"
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Monday, January 30, 2012