Rough Trading Slowed in 2018

RAPAPORT... Global rough-diamond shipments dropped last year,reflecting slower trading in India and Belgium, according to new data from theKimberley Process (KP). Total rough imports slipped 3% to $48.49 billion for 2018,with volume down 7% to 424.2 million carats, the figures showed last week.Rough exports fell 1% to $49.52 billion, while volume declined 6% to 428.6million carats. India's rough imports fell 10% to $17.08 billion, outweighinga 0.5% increase in imports to the European Union, which mainly comprises theBelgian trade. Both markets also saw a drop in rough exports. The United Arab Emirates (UAE) and China both imported more rough than in 2017. Shipments to the UAE rose 6% to $7.32billion, though the country's exports slipped. The nation's average exportprice jumped 13% to $125 per carat, outstripping its average import price of$97 per carat. China's rough imports also increased, bringing the country intofifth place by value, ahead of Botswana.Top Five Rough Importers in 2018

Recent News Uranium volatility after Russia's US export restrictions November 25, 2024 / www.canadianminingreport.com Gold stocks rebound on metal bounce and equity rise November 25, 2024 / www.canadianminingreport.com Crypto market size continues to catch up with gold November 18, 2024 / www.canadianminingreport.com Crypto stealing some of gold's thunder November 18, 2024 / www.canadianminingreport.com Gold stocks drop on metal price decline November 11, 2024 / www.canadianminingreport.com See all > × Get Listed Get Listed × Login E-Mail Address Password Remember Me Login Forgot Your Password? Register Share to Youtube Share to Facebook Share to Linkedin Share to Twitter Share to Tiktok