|
|
India’s Polished Trade Improves in June
Jul 26, 2017 3:00 AM
By Rapaport News
|
|
|
RAPAPORT... India’s polished-diamond exports grew 7% year on year to
$1.98 billion in June, data from the Gem & Jewellery Export Promotion
Council (GJEPC) showed.
By volume, polished exports increased 17% to 3.1 million
carats, with the average price of exports falling 8% to $640 per carat. Polished
imports slid 9% to $228 million, leaving net polished imports 10% higher at
$1.75 billion.
Rough-diamond imports soared 48% to $1.79 billion, while
rough exports dropped 9% to $118 million. Net rough imports jumped 55% to $1.67
billion.
India’s net diamond account for June — calculated as total
rough and polished exports minus total imports — slumped 84% to $84 million.
In the first half of the year, polished exports declined 3% year
on year to $11.67 billion, while imports slid 8% to $1.3 billion, according to
Rapaport calculations. Net polished exports climbed 5% to $10.38 billion.
Rough imports increased 14% to $9.76 billion, with rough
exports rising 14% to $842 million. Net rough imports increased by the same
percentage to $8.92 billion. The net diamond account for the half-year fell 31%
to $1.46 billion. |
|
|
|
|
|
|
|
|
|
Tags:
India, net diamond account, polished exports, polished imports, Rapaport News, trade data
|
|
|
|
|
|
|
|
|
|
|
|
|