Monday, June 12, 2017

The balance of the diamond trade

According to government data, in January this year, polished diamond imports to the United States remained almost unchanged and amounted to $ 1.77 billion.
Polished imports by weight fell by 8% to 840,669 carats as the average price rose by 8%, to $ 2099 per carat. Polished exports fell 1% to $ 1.25 billion, and net imports rose 1% to $ 517 million.
Rough imports grew more than four-fold to $ 120 million, versus $ 31 million a year earlier, while rough exports jumped up to $ 56 million. Net imports of diamonds in the US grew to $ 64 million versus $ 13 million in the same period of the previous year.
The balance of the diamond trade, reflecting the difference between net imports and exports increased by 11% to $ 582 million.
https://del.icio.us/pearlsonline

1 comment:

Pearl Necklace said...

Lucapa Diamonds and its partners received $ 6.8 million from the recent sale of 1349 carats of diamonds from the mine Lulo (Lulo) in Angola.
The Australian company said that the average price realized stones was about $ 5300.
The joint venture has received $ 24.2 million in revenue with Lulo in the quarter that ended in March.
This amount includes $ 16.7 million from the sale of the largest diamond weighing 404 carats of Angola, produced earlier this year.
"Diamond prices achieved in the March quarter, continues to support the fact that the stones are mined at Lulo, are among the best in the world for quality," - said General Director of Lucapa Vezeroll Stephen (Stephen Wetherall).
Meanwhile, in Lucapa stated that terrestrial electromagnetic studies conducted on priroritetnom kimberlite L259 at Lulo, have been completed.
The study was conducted to help Lucapa explore the subsurface geology of the kimberlite area of 110 hectares, identified as kimberlite L259 in the recently completed survey.