India Starts Year with Export Slump

By Rapaport News / February 20, 2019 / www.diamonds.net / Article Link

RAPAPORT... India's polished-diamond exports dropped 16% to $1.75 billion in January,continuing their recent weakness. A slide in the volume of shipments outweigheda higher average price, according to data the Gem & Jewellery ExportPromotion Council (GJEPC) released this week. Rough imports also plunged,mirroring a similar trend in the Belgian market in January as demand from manufacturersslowed. The month is usually stronger due to post-holiday restocking byretailers and dealers.India Trade Data for January 2019
$ Millions unless stated otherwise

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