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

Bank of Japan boosts rates, continuing an unwinding carry trade

December 22, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market slide

December 22, 2025 / www.canadianminingreport.com

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok