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

DiaMondaine Diamantaires Club mulls diamond safari tours in southern Africa

DiaMondaine Diamantaires Club (DDC) is set to organise diamond safari tours in southern Africa, home to major diamond-producing countries. DDC founder Agnes Abdulahu told Rough&Polished’s Mathew Nyaungwa that the launch of the first diamond safari...

15 july 2024

Vladislav Zhdanov: Questions of efficiency and investment potential of diamond mining versus diamond growing pique keen interest

Vladislav Zhdanov is Professor at the National Research University Higher School of Economics (HSE). He told Rough&Polished about new researches into the effectiveness of diamond production methods.

02 july 2024

Why it's expensive to cut and polish diamonds in Africa? ADMA president António Oliveira has the answer

The African Diamond Manufacturers Association (ADMA) president António Oliveira told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that the lack of a robust infrastructure in Africa fails to accelerate and encourage manufacturing...

24 june 2024

Edahn Golan: IPO feasible but not Anglo’s preferred way to sell De Beers

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough&Polished's Mathew Nyaungwa in an exclusive interview that while an IPO of De Beers is “feasible,"  he does not think this is a route Anglo American...

17 june 2024

India's cut & polished diamond exports in May dips 17%; Rough imports too decrease by 18%

22 june 2023
Cut & Polished diamonds

The overall gross export of Cut & Polished diamonds at $ 1723.17 mn in the month of MAY 2023 is showing a decline of 17.52% as compared to $ 2089.17 mn for the same period of the previous year, according to data published by the Gem & Jewellery Export Promotion Council of India (GJEPC).
The overall gross Imports of Cut & Polished diamonds at $ 86.11 mn in the month of MAY 2023 is showing a decline of 28.86% as compared to $ 121.04 mn for the same period of the previous year.
The overall gross Imports of Cut & Polished diamonds in DTA at $ 27.93 mn is showing a decline of 26.50% as compared to $ 38.01 mn for the same period in May 2022.
The overall gross Imports of Cut & Polished diamonds in SEZ at $ 58.18 mn is showing a decline of -29.93% as compared to $ 83.04 mn for the same period of May 2022.

Rough Diamonds

Rough diamond imports for the month of MAY 2023 show $1167.63 mn as against $ 1433.11 mn during the month of MAY 2022, indicating a decrease of 18.52 %.
Gross Imports of rough diamonds at $ 2611.50 mn
in APR 2023 - MAY 2023 have shown a decline of 4.82% compared with the imports at $ 2743.69 million for the previous year.
In volume terms, the gross Import of rough diamonds at 196.46 lakhs carats during APR 2023 - MAY 2023 has shown a growth of 19.94% compared with the imports at 163.79 lakhs carats during the previous year.

Polished Lab Grown Diamonds

Provisional gross export of Polished Lab Grown Diamonds for the period APR 2023 - MAY 2023 at $ 236.08 mn shows a decline of 27.46% over the comparative figure of $ 325.45 mn for the previous year.

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