Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 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