Record Average Price Supports Belgium Trade

RAPAPORT... Belgium's polished exports were flat in 2018 as a higheraverage price offset a drop in volume, according to data the Antwerp WorldDiamond Centre (AWDC) released recently. Weakness in the market for smallerstones prompted an increase in trading in larger diamonds, leading to thehighest annual average price on record, Rapaport archives show. Strong polisheddemand in the US and Hong Kong also drove the rise in value, mitigated bytariff disputes in the second half, the AWDC added. Trading slowed in December.

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