India to Pause Rough-Diamond Imports for Two Months

NewsBrief   September 27, 2023   India to Pause Rough-Diamond Imports for Two Months The Indian diamond sector has recommended a two-month freeze on rough imports, its most drastic emergency measure since the Covid-19 crisis. De Beers Expects Oversupply to Continue for Now Consumer demand is lagging behind 2021 and 2022 levels, miner says in Diamond Insight Report.   74ct. Yellow Diamond to Lead Sotheby's Hong Kong Top item at October 6 Magnificent Jewels sale expected to bring in up to $5.1 million.   Hearts on Fire Names New Chief Creative Officer Yunjo Lee previously worked on Tiffany collections with designers Paloma Picasso and Frank Gehry. News Digest EU Banning Descriptors 'Eco,' 'Climate Neutral,' 'Carbon Neutral' (JCK)   48% of Surveyed Jewelry Retailers Report Sales Gains in August (Instore)   David Yurman Alleges These Two Companies Copied Its Designs (National Jeweler) Events Rapaport Melee Auction September 19-29 New York & Dubai More Details   Rapaport Melee Auction October 10-18 New York & Dubai More Details   Rapaport Single Auction October 17-25 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1430 -0.49% -4.31% -5.48%  0.50 ct 1981 -1.06% -6.37% -30.60%  1.00 ct 6157 -0.54% -4.74% -25.39%  3.00 ct 22230 -0.64% -2.76% -15.01% Rapaport Investment Grade Diamonds

CONTACT US

© Copyright 2023 by Rapaport USA Inc. All Rights Reserved. Rapaport®, TradeWire®, RapNet®, Index® and JNS® Jewelry News Service are registered trademarks.

Rapaport USA 133 East Warm Springs Road Suite 100 Las Vegas Nevada 89119 USA You received this email because you are subscribed to Daily NewsBrief from Rapaport USA. Update your email preferences to choose the types of emails you receive. Unsubscribe from all future emails