De Beers Auction Sales said that in the past month for the first time carried out a series of trades of 15 lots for delivery in April, May and June 2017.
The total cost of the proposed lots is a little over $ 11, and customer demand exceeded the available lots in terms of volume and value, and the demand has been evenly distributed in different geographic regions and types of clients, said Executive Vice President of De Beers at auction sales Neil Ventura (Neil Ventura).
He said that customers can secure a guaranteed volume of supply in any of these periods in accordance with the requirements of their business.
"We believe that for the first time for De Beers and the diamond business in all rough diamonds are sold at a fixed price using forward contracts and global online auctions," - he continues.
"Thus, we see this as another important step in the evolution of sales in the diamond industry, and we are proud to have become in him a pioneer. In accordance with our approach to innovation, we will apply the knowledge gained during the initial sales to try to speed up development of the forward market for rough diamonds De Beers ", - said Ventura.
De Beers Auction Sales offer buyers the opportunity to ensure the future supply of a known fixed price, instead of the unknown value determined by future industry dynamics, Ventura said.
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Official representatives of the All India Federation of trade in precious stones and jewelery (All India Gems and Jewelry Trade Federation , GJF) and many other jewelry associations across India today urged jewelers to extend the strike against the introduction of the excise tax on jewelery products to the March 7, 2016.
GJF met with the Prime Minister of India and has sent his vision of how much jewelers, diamond manufacturers and craftsmen will suffer after the introduction of a new tax.
GV Sridhar (GV Sreedhar), chairman of GJF, said: "The plans for the introduction of the excise tax on jewelery and precious stones in India, do not apply, and will have a strong negative impact on the industry, endangering its survival We expect positive results of interaction. with the government, but we continue to draw attention to the problem and to carry out a strike. "
The draft India's budget for 2016-2017 year it was decided to start charging the excise tax on jewelery and precious stones in the amount of 1%.
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