Israel’s March Polished Diamond Exports $448 Million

Israel exported a net of $1.451 billion worth of polished diamonds in the first quarter of 2010, a 55 percent increase compared to the first quarter of 2009, Diamond Controller Shmuel Mordechai announced Wednesday. A sharp rise in rough diamond trade was also reported.

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IDEX Online Research: Polished Diamond Prices Higher in March (Full Analysis)

Global polished diamond prices continued to rise in March 2010, according to the IDEX Online Global Polished Diamond Price Index. After languishing for most of 2009, this is the fourth consecutive month that polished diamond prices have risen. It is clear that this is a trend, and it is likely to be sustainable for the remainder of 2010.

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Belgian Net Polished Diamond Exports Total $212.3 Million in February

Belgium’s polished diamond market is continuing its recovery from the global recession, posting a double-digit growth in exports and imports. Belgium exported in February 582,934 carats of polished diamonds worth $875.26 million, a 1 percent growth in volume but a 15.4 percent growth in value, underscoring the rising prices of the goods.

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IDEX Online Research: Polished Diamond Prices Up Significantly February (Full Report)

Global polished diamond prices rose 2.3 percent in February 2010, according to the IDEX Online Polished Diamond Price Index. This is the third consecutive month that polished diamond prices have risen, after languishing for most of 2009.

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IDEX Online Research: Polished Diamond Prices Up Significantly in February

Polished diamond prices rose a sharp 2.3 percent in February, according to the IDEX Online Global Polished Price Index. There are three key factors pushing polished diamond prices higher: rough diamond prices are rising; the global economic recovery has begun, led by exceptional strength in the U.S., the largest market for diamonds; and anticipation of re-stocking in the diamond pipeline, especially at the retail level.

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India’s January Polished Diamond Exports +89%, Rough Imports +302%

India’s gross polished diamond exports in January totaled $1.71 billion, an 89 percent leap compared to January 2009. With imports totaling $1.04 billion during January, net exports stood at $673 million. The rise in gross exports reflects a comparison to a weaker period last year during the height of the economic depression as well as jump in stock replenishments after a better- than-expected holiday season.

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Belgium Polished Diamond Trade $1.38B in January

Belgium’s gross polished diamond exports totaled $647.76 million in January, a 16.1 percent year-over-year increase. Imports of $736.64 million worth of goods reflected a 12.2 percent increase compared to January 2009. Net imports left the trading center with surplus of $88.89 million worth of goods, propelled by large returns from the U.S.

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IDEX Online Research: Polished Diamond Prices Up in January; A Prelude to Higher Prices in 2010 (Full Analysis)

Global polished diamond prices moved higher in January, according to the IDEX Online Polished Diamond Price Index. This is the second consecutive month of price increases. Average polished diamond prices rose 0.8 percent in January compared to December 2009.

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