|
|
US Diamond Imports Rise in November
Jan 18, 2018 4:25 AM
By Rapaport News
|
|
|
RAPAPORT... US polished-diamond imports jumped 11% year on year in
November, government data showed.
Shipments grew to $1.77 billion as a 26% rise in the average
price of imports — to $2,573 per carat — outweighed a 12% drop in volume to
687,000 carats.
Polished exports declined 13% to $1.48 billion, according to
the recent figures. Net polished imports, representing imports minus exports,
stood at positive $284 million, versus negative $109 million a year ago.
Rough imports leapt 98% to $143 million, while rough exports
almost trebled to $217 million. The net diamond account — total rough and
polished imports minus total exports — grew to positive $210 million, compared
with negative $110 million a year ago.
The nation’s polished trade slowed in the first 11 months of the
year, with imports down 6% to $20.14 billion, while exports declined 5% to
$16.69 billion.
|
|
|
|
|
|
|
|
|
|
Tags:
Demonetization, India, net diamond account, net polished imports, polished, polished exports, polished-diamond imports, Rapaport News, rough, US
|
|
|
|
|
|
|
|
|
|
|
|
|