India’s rough-diamond imports reached an 11-month high of 15.2 million carats in February, according to data from the country’s Gem & Jewellery Export Promotion Council (GJEPC). This partly reflects a correction after a two-month voluntary freeze late last year, but is India setting itself up for another oversupply? Rapaport Senior Analyst Joshua Freedman crunches the numbers.
Is India Importing Too Many Diamonds?
India’s rough-diamond imports reached an 11-month high of 15.2 million carats in February, according to data from the country’s Gem & Jewellery Export Promotion Council (GJEPC). This partly reflects a correction after a two-month voluntary freeze late last year, but is India setting itself up for another oversupply? Rapaport Senior Analyst Joshua Freedman crunches the numbers.
Is India Importing Too Many Diamonds?
More Stories
Antwerp’s Diamond Trade Sees Positive Momentum
Combined imports and exports up 9% in value and 14% in volume year on year in first half.
Rapaport Magazine Makes Time for Luxury Watches
The July issue reviews the state of the main and secondhand markets, with data on brands and buyers.
Rare Contested WFDB Election Reflects Diamond Industry’s Chasms
Three candidates emerge ahead of next week’s presidential vote.
Featured
‘I Want Rapaport to Behave Like the Tech Company It Always Was’
CEO Dan Mano explains why RapNet became Rapaport Trade – and how the Price List will become truly transparent.