Global Rough Trading Slowed in 2018

RAPAPORT... Global rough-diamond shipments dropped last year,reflecting slower trading in India and Belgium, according to new data from theKimberley Process (KP). Total rough imports slipped 3% to $48.49 billion for 2018,with volume down 7% to 424.2 million carats, the figures showed last week.Rough exports fell 1% to $49.52 billion, while volume declined 6% to 428.6million carats. India's rough imports fell 10% to $17.08 billion, outweighinga 0.5% increase in imports to the European Union, which mainly comprises theBelgian trade. Both markets also saw a drop in rough exports. The United Arab Emirates (UAE) and China both imported more rough than in 2017. Shipments to the UAE rose 6% to $7.32billion, though the country's exports slipped. The nation's average exportprice jumped 13% to $125 per carat, outstripping its average import price of$97 per carat. China's rough imports also increased, bringing the country intofifth place by value, ahead of Botswana.Top Five Rough Importers in 2018

Recent News Monetary-driven precious metals outperform major base metals September 09, 2024 / www.canadianminingreport.com Gold stocks hit by plunging equities markets September 09, 2024 / www.canadianminingreport.com Gold stocks down as metal and equities momentum fades September 02, 2024 / www.canadianminingreport.com Another Kazatomprom guidance announcement shakes uranium price September 02, 2024 / www.canadianminingreport.com Major monetary drivers still supporting gold August 26, 2024 / www.canadianminingreport.com See all > × Get Listed Get Listed × Login E-Mail Address Password Remember Me Login Forgot Your Password? Register Share to Youtube Share to Facebook Share to Linkedin Share to Twitter Share to Tiktok