Surge in India's Polished Diamond Exports for January

By John Jeffay / February 14, 2021 / www.idexonline.com / Article Link

(IDEX Online) - India exported $1.8bn of polished diamonds in January, up 9.4 per cent year-on-year.The recent surge comes after foreign sales fell overall throughout most of 2020. Provisional export figures for April 2020 to January 2021 were down 23 per cent on the same period a year earlier, according to newly-released figures from the GJEPC (Gem and Jewellery Export Promotion Council).Gold jewelry exports fared worse, down 43 per cent in January and 65 per cent for the corresponding nine-month period.Polished lab-growns, still a tiny proportion of the diamond sector overall, were up 64 per cent for January ($72m) and 57 per cent for the nine months ($559m).Gross exports of all gems and jewelry in January dropped eight per cent to $2.67bn and 37 per cent for the nine-month period to $19.2bn.Generic pic shows diamond polishing in India

Recent News

Canada second most significant player in global mining M&A

July 22, 2024 / www.canadianminingreport.com

Plenty of potential for continued rotation out of tech

July 22, 2024 / www.canadianminingreport.com

Platinum to palladium ratio low, platinum to gold high, versus history

July 15, 2024 / www.canadianminingreport.com

Gold stocks up on metal and equities gains

July 15, 2024 / www.canadianminingreport.com

Most major metals rebound on potential global monetary easing

July 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok