News

Advanced Search

Webinar: The Pandemic in Perspective

Feb 23, 2021 7:42 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... The diamond and jewelry trade had a relatively successful holiday season, considering the difficult consumer and trading conditions it experienced in 2020. However, rough and polished inventories remain at reasonable levels, even though production has increased and trading has improved, Rapaport Senior Analyst Avi Krawitz explained in the quarterly Diamond Trends Webinar last week.

While jewelry sales are expected to recover gradually from the impact of the pandemic, mining companies are being cautious. Rough output is anticipated to stabilize at lower levels than before the pandemic — particularly given the closure of the high-volume Argyle mine in November 2020.

View the full webinar here: 




Image: Workers leave the Argyle mine on its final day of production. The closure of the site will contribute to a decline in global rough production. (Rio Tinto)
Tags: Avi Krawitz, Diamond mining, diamonds, Jewelry, jewelry retail, Rapaport News
Similar Articles
Rapaport LogoRapaport Weekly Market Comment
Mar 04, 2021
Market sentiment upbeat. Steady trading levels supported by US demand and gradual return of Chinese buyers. Retailers
Tatyana Pfaifer bridge portrait formatInfluencer Launches Jewelry Awards
Mar 01, 2021
Ukrainian jewelry influencer Tatyana Pfaifer has launched an international competition for industry members, pledging to give
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2021 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.