"Against the background of the overall positive mood in the Indian cutting industry, despite the three-week break for the holiday of Diwali and the latest Indian government decision to demonetization, we are pleased to report that our sales systems for displaying diamond inclusions are still high in the fourth quarter of 2016 we carried out the delivery record 24 Galaxy family of systems, of which 15 belonged to Meteor model for small stones, 7 -. to a Solaris system, 1 - Galaxy 1000 and 1 - Galaxy Ultra ", - It said in a statement Sarine.
"In addition, although the final figures for the quarter more available, we expect revenue for the fourth quarter of 2016 will exceed $ 18 million, which would correspond to, or will be slightly better than our previous best fourth quarter ever ($ 18.3 million). Also, , is likely to see an improvement both on a consistent and on an annual basis, "- added to the Sarine.
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According to preliminary government data, polished diamond imports to the United States in January 2016 decreased by 3%, to $ 1.77 billion, according to Rapaport portal. By volume, polished imports fell 14% to 912,672 carats as the average price of imported into the country rocks rose 12%, to $ 1938 per carat.
American Export diamond decreased by 8.9% to $ 1.26 billion respectively net import (imports minus exports) reached $ 513 million, an increase of 15% compared to the same period the previous year.
Rough diamond imports to the United States in January almost doubled to $ 31 million, and rough exports rose 50% to $ 18 million. Net rough imports rose to $ 13 million, compared to $ 2 million in January 2015.
The balance of the diamond trade, which is the difference between total imports and exports of rough and polished diamonds increased by 17% to $ 526 million
, however, at the end of 2015, polished diamond imports to the US fell by 4% amid slowing sales at the end of the year.
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