India's Shipments Drop Sharply in March

RAPAPORT... India's diamond shipments declined heavily in March as the coronavirus crisis hit the US market. Polished exports slumped 48% to $960 million, while rough imports fell 65% to $293 million as Indian manufacturers demonstrated less demand. The country's total rough and polished trade fell 48% to $1.57 billion - the lowest monthly total since Rapaport records began in 2009.Exports of polished lab-grown diamonds fell 19% to $20.2 million - the first year-on-year decline since the Gem & Jewellery Export Promotion Council started releasing data for the category in June 2019.All the year-on-year figures are on a "same ports" basis, meaning the comparative amounts for March 2019 exclude shipments at ports for which numbers were unavailable in March 2020.

India Trade Data for March 2020 Recent News Smaller juniors still financed even in more cautious market January 13, 2025 / www.canadianminingreport.com Gold stocks shrug off equity market decline on metal gain January 13, 2025 / www.canadianminingreport.com Geopolitical risk outlook unclear after US election January 06, 2025 / www.canadianminingreport.com Low valuations offer a cushion to mining sector January 06, 2025 / www.canadianminingreport.com Polarized gold and iron ore moves, moderate aluminum and copper gains December 30, 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