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

Big Gold has another strong quarter, but some signs growth cooling

May 12, 2025 / www.canadianminingreport.com

Gold stocks nearly regain highs on rising metal price

May 12, 2025 / www.canadianminingreport.com

Gold stocks down as risk on move continues

May 05, 2025 / www.canadianminingreport.com

Mixed outlook for resources on new Canadian government

May 05, 2025 / www.canadianminingreport.com

Gold's Bull Market Pullbacks

April 28, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok