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U.S. Polished Imports Steady in January

Mar 16, 2017 4:49 AM   By Rapaport News
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U.S. polished diamond imports were flat at $1.77 billion in January, according to government data.

Polished imports by weight slid 8 percent year on year to 840,669 carats, with the average price jumping 8 percent to $2,099 per carat. Polished diamond exports, meanwhile, slipped 1 percent to $1.25 billion, meaning net polished imports crept up 1 percent to $517 million.

Rough diamond imports grew almost fourfold to $120 million from $31 million a year earlier, while rough exports more than tripled to $56 million. Net rough imports leapt to $64 million from $13 million a year before.

The U.S. net diamond account for January, representing total imports minus total exports, rose 11 percent to $582 million.
Tags: Diamond imports, exports, imports, net diamond account, Rapaport News, trade data, U.S. Polished Imports
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