Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

Eduard Gorodetsky: Currently we see high demand for synthetic diamonds for use in technology segment rather than in jewelry

Director General of the Advanced Synthetic Research Center Eduard Gorodetsky told Rough&Polished about the current situation at the company, new exclusive technologies in the synthesis and production of lab-grown crystals, as well as the Research Center’s...

11 march 2024

India's cut & polished diamonds export declines 38.86%, rough imports up by 10.17% in April 2023

31 may 2023
India's overall gross export of Cut & Polished diamonds at $ 1320.34 million in the month of APR 2023 is showing a decline of 38.86% as compared to $ 2159.64 mn for the same period of the previous year, as per data from the Gem & Jewellery Export Promotion Council (GJEPC) of India.
The overall gross Imports of Cut & Polished diamonds at $ 70.52 million in the month of APR 2023 is showing a decline of 36.99% as compared to $ 111.91 mn for the same period of the previous year.
The overall gross Imports of Cut & Polished diamonds in DTA at $ 30.48 mn is showing a growth of 2.70% as compared to $ 29.68 mn for the same period of April 2022.
The overall gross Imports of Cut & Polished diamonds in SEZ at $ 40.04 mn is showing a decline of -51.31% as compared to $ 82.23 mn for the same period of April 2022.
Gross Imports of rough diamonds at $ 1443.82 mn in APR 2023 have shown a growth of 10.17 compared with the imports at $ 1310.58 mn for previous year. In volume terms, gross Import of rough diamonds at 113.69 lakhs carats during APR 2023 has shown a growth of 88.51% compared with the imports at 60.31 lakhs carats during the previous year.
Provisional gross export of Polished Lab Grown Diamonds for the period APR 2023 at $ 96.86 mn shows a decline of 34.62% over the comparative figure of $ 148.13 mn for the previous year.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished