Economy Hits Polished Diamond Prices in First Quarter of 2012
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.
Articles Tagged "antwerp"
ICBC, Antwerp World Diamond Center Set Diamond Financing Pact
SmartMoney reported ICBC (HK:1398) has signed an agreement with the Antwerp World Diamond Center to offer diamond financing.
Price Bubble In The Offing?
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?
Will diamond recover by 2010?
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.
Antwerp’s June Diamond Trade Figures
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
DIL has struck a deal to directly procure diamonds from Nambia
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, [...]
Antwerp’s diamond industry recovers from recession
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
