Podcast: A Crisis in Green Diamonds

NewsBrief   July 6, 2023   Podcast: A Crisis in Green Diamonds The market is seeing a spate of green diamonds coming back from grading labs as treated, Thomas Hainschwang, cofounder of GGTL Laboratories, told the Rapaport Diamond Podcast. Global Slowdown Hits Israel's Diamond Trade in June Net polished exports fall into negative territory due to returns from JCK show.   Russia's Rough Exports Fell – but Didn't Collapse – in 2022 Sanctions by US and other G7 nations led to 24% decline year on year.   Lulo Mine Yields 181ct. Rough Diamond Stone is third-largest ever recovered from deposit, and 37th over 100 carats. Trending Stories Surat Diamantaires Suffer Losses as Lab-Grown Company Goes Bankrupt (The Blunt Times)   Namibia's Diamond Industry Under Threat (The Namibian)   The Luxury Watch Market Is Slowing Down. Is the Bubble Bursting? (Jing Daily) Events Rapaport Single Stone Auction June 27 – July 10 New York & Israel More Details   Rapaport Jewelry Auction July 10-12 New York & Online More Details   Rapaport Melee Auction July 18-27 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1566 -0.36% -0.64% -2.21%  0.50 ct 2382 -1.04% -3.51% -23.11%  1.00 ct 6869 -0.75% -2.50% -24.13%  3.00 ct 23468 -0.50% -1.33% -16.07% Rapaport Investment Grade Diamonds

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