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Rapaport TradeWire December 27, 2018

Dec 27, 2018 10:59 AM   By Rapaport
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8 July 2018 Igi Tw Top Banner
Rapaport TradeWire
December 27, 2018

US consumer confidence positive, despite volatile stock markets, government shutdown, and rising interest rates. Holiday jewelry sales +3.7% and overall retail +5.1%, driven by effective omni-channel strategies, according to Mastercard SpendingPulse. Online shopping surges 19% as Amazon sees record season. Diamond market quiet, with Belgium and US dealers closed for the holidays. Industry consolidation accelerates as Eurostar enters administration, Alrosa set to acquire Kristall, and Niru Group incorporates EZ Diamonds’ business for goods below 0.70 ct. US Oct. polished imports +28% to $2.3B. The Rapaport Group wishes everyone a happy, healthy, ‎prosperous and peaceful New Year.

Iidgr Tw Banner Jan 2018
Weekly Monthly Y2Y
0.30 ct -0.68% -4.14% -0.86%
0.50 ct -0.09% -1.20% 3.24%
1.00 ct -0.13% -0.62% 1.21%
3.00 ct -0.42% -1.74% -3.64%
RAPI Yearly Graph
Usny Tw Oct 14 2018
Market Reports
United States: Focus on retail, with steady last-minute Christmas shopping...
Belgium: Polished and rough trading very quiet, with dealers on vacation during the Christmas to New Year period...
Israel: Dealers waiting for memo returns to assess inventory needs...
India: Rough market seasonally quiet, with factories maintaining steady below-capacity production until the New Year...
Hong Kong: Retail relatively busy, with steady tourist arrivals reported over Christmas week...
Trade Wire 600X160 April 2018
De Beers’ Lightbox Chief Reveals 2019 Plans
WITH Joshua Freedman

Steve Coe, the synthetics brand’s managing director, talks about strategies and designs for next year and beyond.

Titan Targets 20% Growth in 2019
Richemont Joins Alibaba’s Anti-Counterfeit Alliance
Surat Diamond Industry Fears Recession
Group Accuses Brexit Backer of Diamond-Smuggling Links
Gia Tw Banner E 31 May 2018
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Holiday Jewelry Sales Rise 4%
Revenues from all retail categories up 5%, says Mastercard.
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Eurostar Enters Administration as Debts Mount
Belgian courts appoint lawyers to take control of Antwerp-based manufacturer.
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Niru Group, EZ Diamonds Join Forces
Partnership brings together two of the largest suppliers of better-quality, small diamonds.
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Alrosa Moves Closer to Kristall Takeover
Miner hires manufacturer’s director general to work on integration.
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Pluczenik Appeals Nagel Court Ruling
UK judges had ordered company to pay $3.3 million to former broker.
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Royal Jewels Propel Sotheby’s $414M Total
Items from Bourbon Parma family accounted for $53.1 million of 2018 sales.
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Alrosa to Hold Back Supply in 2019
Miner will limit sales to avoid flooding the midstream with goods.
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Zimbabwe Ventures into Higher-Value Mining
New Marange crushing plant will enable it to raise production, government says.
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Diamcor Sells $1.4M of Rough in 3Q
Revenue from tenders rose 62% year on year.
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De Beers, Alrosa Reveal 2019 Sale Schedules
First Botswana sight begins January 21.
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The Biggest and Priciest Diamonds of 2018
We look back at the year’s exceptional discoveries and auctions.
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DMCC Joins GJEPC’s My KYC Initiative
Dubai center is fourth trade body to use compliance platform.
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US Polished Trade Surged in October
Imports up 28%, exports jumped 31%.
Dec Podcast 600X160 Tw Banner
Diamond Industry Stock Report

Industry stocks fell as global markets slid, with the Dow Jones Industrial Average losing 3.3% for the week at press time. Birks Group (-20%) headed the retail slumps, with J.C. Penney (-14%), Macy’s (-3.7%) and Chow Sang Sang (-1.7%) also losing ground. In Europe, Kering (-4.1%) and LVMH (-2.3%) dropped, while miner Petra Diamonds (-5%) declined. Mountain Province (+10%) rose after analysts at BidaskClub reportedly upgraded the stock.

Rapnet Trade Wire
Tradewire Square Melee Single Stone January 2019
Rn Free Trial Banner 100318 Trade Smartly Only 300X300Px Tw Sq
11 Jul 2018 Rap Ac Digital 300X300Px Static
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