IGI chooses Auritra Ghosh to showcase the designs of four of their talented School of Gemology alumni at IIJW.
Polished diamond exports from India during June 2009, increased in volume by dipped in value, reports say. With a 13 percent drop, the country’s polished exports valued at $1.1 billion, following a 27 percent drop in average per carat price valuing at $271.1 year-on-year, as reports from GJEPC say. Volume-wise polished exports increased 19 percent to 3.972 million carats. %% Imports of polished diamonds in the month also dipped in value by 5 percent to $640.5 million. This brought the net polished exports, (exports less imports) to dip by 22 percent to $436.4 million. %% Rough diamond imports decreased by 39 percent to $769.6 million, and rough exports by 40 percent to $56.9 million. The net rough imports, (imports less exports) was lowered by 39 percent to $712.7 million. In effect, India’s June net diamond account, (calculated basis the excess of total exports over total imports) showed a 54 percent upswing as compared to a year ago, although reflecting a $276.3 million deficit.
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