India's Polished Exports up a Third, Month on Month

By John Jeffay / February 14, 2024 / www.idexonline.com / Article Link

(IDEX Online) - India's exports of polished diamonds increased month-on-month by over a third (34 per cent) in January as manufacturers re-stocked after a two-month ban on rough purchases.Overall gross exports were $1.16bn, up from $862m in December, according to new figures from the GJEPC (Gem and Jewellery Export Promotion Council).There are clear signs of recovery, although January exports remain almost 20 per cent below those of the same month last year ($1.44m).India's exports were $1.1bn in November 2023, $1.26bn in October and $1.67bn in September.The diamond sector appears to be trailing behind gems and jewelry in general, which saw a month-on-month increase of 9 per cent (to $2.39bn), although that figure was down 5 per cent on last year.

Recent News

Gold stocks rebound to new highs

April 14, 2025 / www.canadianminingreport.com

US$ and bonds not the safe havens normally expected

April 14, 2025 / www.canadianminingreport.com

Crash driven by tech and highly cyclical sectors

April 07, 2025 / www.canadianminingreport.com

Gold stocks succumb only on second day of plunge

April 07, 2025 / www.canadianminingreport.com

Gold stocks outperform, New Found Gold down on initial MRE

March 31, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok