Antwerp Diamond Sector’s October Figures Drop Slightly Due to Holiday Season

The Antwerp diamond sector’s trade figures in October decreased slightly compared to the same month last year. Figures show that slightly fewer polished diamonds were traded, but the value of diamonds traded was higher compared to the value of polished diamonds traded in October last year. Rough diamond trade figures also show a decline compared to October 2013, but the first ten months of the year as a whole do show an increase. Both the Jewish holidays of Sukkot and Simchat Torah and the Indian festival Diwali took place in October this year, as opposed to last year’s celebrations in September and November, respectively.

Imports of rough diamonds dropped by 13.16% and exports by 19.33%. More


Israel Diamond Week in New York declared very successful

At the outset of the fourth day of the Israel Diamond Week in New York, both the Israeli and the American diamantaires participating in the event at the Diamond Dealers Club (DDC) in New York City were in complete agreement: the third edition of the Israel Diamond Week in New York is a great success.

David Lasher, the DDC's Managing Director, estimated that some 700 buyers attended, hailing not only from the New York region, but from across the USA, including Chicago, Los Angeles and Miami. He noted that the biggest turnout occurred on Monday, the first day of the event at the DDC and that the number of buyers was significantly higher than at the previous event in November 2013. This year, too, more than 100 Israel Diamond Exchange (IDE) members registered More


Edward Asscher, President of World Diamond Council, addresses Kimberley Process Plenary in Guangzhou, China

"We should always remember that millions of people are depending on the well-being of the diamond industry for their livelihoods. From the miners and their families in the producing countries, through to the polishing and trading centers, the jewelry manufacturers and the retailers, we all need to face the future and contribute together to make the diamond world a better, safer and more transparent industry. We can only do so if we work together," said Edward Asscher, President of the World Diamond Council.

He was speaking to the 2014 Plenary Meeting of the Kimberley Process, which opened in the Chinese city of Guangzhou. More