Sanctions Causing Shipment Delays in Antwerp, Traders Say

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NewsBrief  
March 14, 2024
 
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Sanctions Causing Shipment Delays in Antwerp, Traders Say
The European Union's new sanctions regime is resulting in diamonds being stuck at customs for more than a week and disrupting supply chains, Antwerp dealers have claimed.
De Beers Sales Improve, but Still Down at February Sight
US retailers slow to restock, while demand for diamond jewelry grows in India.
 
The Jewels in Hip-Hop's Gem-Encrusted Crown, and This Week's Other News
Members of the editorial team pick their favorite pieces from the internet.
 
16ct. Yellow Diamond to Take Spotlight at Phillips Auction
Ring carries estimate of up to $1.3 million at Hong Kong Jewels sale.
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,407
-0.20%
-1.47%
-11.57%
 0.50 ct
2,049
0.47%
-0.38%
-23.04%
 1.00 ct
5,976
-0.14%
-1.57%
-19.70%
 3.00 ct
21,655
-0.23%
-2.19%
-11.45%
Rapaport Investment Grade Diamonds
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