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Botswana’s January Diamond Exports -27%
Mar 10, 2016 3:12 AM
By Rapaport News
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RAPAPORT... Botswana’s diamond exports in dollar terms dived 27
percent to $222.5 million in January, according to data from the Bank of
Botswana.
The drop – 14 percent when calculated in terms of the
local currency pula – comes off the back of a downbeat environment in the rough
market in December, when De Beers said it sold $248 million, compared with an estimated
$577 million a year earlier. De Beers sales in January this year jumped to $540
million.
The decline in exports comes after Bank of Botswana data
showed a 39-percent
slide in rough diamond exports in 2015 as a whole, fueled by a global
decline in demand for the precious stones.
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Tags:
Botswana, Botswana exports, exports, Rapaport News, Rough Diamonds
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