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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...

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Amplats sees prospects as a standalone company

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19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

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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...

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Antwerp: Rough export figures of October show increase of more than 100%

09 november 2012

Compared to October 2011, the volume of exported polished diamonds increased 12.81 percent, AWDC reported in a press release for mass media on Thurday. In October this year, 601,053.70 carats polished diamonds were exported whereas in October 2011, this equaled 532,782.34 carats. In value terms, this implies a drop of 4.43 percent. The average export price per carat of polished diamond in October 2012 was 1,757 U.S. dollar.
During the first ten months of 2012, the volume of exported polished diamonds decreased 18.58 percent to 5,849,917.86 carats compared to exactly one year ago. This equals a drop of 9.18 percent in value terms.
When we take a look at the polished import figures of October 2012, we can see a downfall of 2.42 percent in volume terms and a decrease of 9.87 percent in value terms compared to October 2011.
From January to October this year, 6,446,161.09 carats polished diamonds were imported. This is a decrease of 16.87 percent in volume terms and a drop of 5.76 percent in value terms.
The figures of rough diamonds in October 2012 show better results. In October, no less than 10,019,269.51 carats of rough diamonds were exported. This equals an increase of 142.76 percent in volume terms, which translates into a 67.15 percent rise in value terms to 1,241,849,723 U.S. dollar compared to October 2011.
When we take the first ten months of 2012 into account, we see a drop of 5.28 percent in volume terms to 85,185,560.18 carats exported rough diamond compared to the first ten months of 2011. In value terms this equals a downfall of 8.11 percent to 11,079,775,695 U.S. dollars.
The import figures of rough diamond in October this year indicate a 50.71 percent rise in volume terms and a 29.05 percent increase in value terms compared to a year ago.
From January to October this year, Antwerp imported 73,754,849.41 carats rough diamond. This is a drop of 14.57 percent in volume terms and a decrease of 11.95 percent in value terms compared to the first 10 months of 2011.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished