This would help by lowering the overhang of polished stuck within the chopping centres. The Kimberley Process statistics point out that Russia continues to be selling diamonds strongly, with 2022 exports of 36.7 million carats valued at $US3.87 billion ($AU5.8 billion). Somewhat paradoxically, removing 30 per cent of the global provide may need helped strengthen the market, albeit quickly. The function of the State of the Industry Report is two-fold – it’s a historical Jewelery News doc offering an in-depth take a glance at the state of the industry and a glimpse of the lengthy run. Officials mentioned that there shall be no double checks on India’s export of minimize and polished diamonds because the country uses diamonds coming via Antwerp and other geographies, and not immediately from Russia. G-7 will ban all imports of tough diamonds immediately from Russia from January 1.
- Hong Kong-based Rio Pearl has launched top-quality