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U.S. Polished Imports Steady in January
Mar 16, 2017 4:49 AM
By Rapaport News
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RAPAPORT... 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.
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Tags:
Diamond imports, exports, imports, net diamond account, Rapaport News, trade data, U.S. Polished Imports
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