In May 2016 India's polished exports rose by 13.24% to $ 1.97 billion, versus $ 1.74 billion in May last year. This may indicate the first signs of a slow recovery of the Indian diamond industry.
By volume, polished exports amounted to 2.98 million carats against 2.59 million carats a year earlier. This is evidenced by the preliminary data of the Council to promote the export of gems and jewelery (Gem and Jewellery Export Promotion Council, GJEPC).
Rough imports grew by 15.09% in value to $ 1.52 billion in May 2016, compared to $ 1.32 billion in May 2015. In volume diamond imports increased to 12.10 million carats against 11.11 million carats in the same period last year.
Rough diamond exports from India rose by 7.92% in May 2016, to $ 127 million, compared to $ 117.68 million a year earlier. By volume, the figure was 2.49 million carats against 2.25 million carats last year.
Polished diamond imports to India rose in May 2016 to 27.41% to $ 249.06 million from $ 195.48 million in May 2015.
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British film actor Sean Connery put up for auction Sotheby's auction diamond bracelet, which left the buyer for $ 4 million, thereby setting a record price for a fantasy orange and pink diamond, the portal Rapaport.
A stone weighing 15.20 carats was part of the auction of magnificent and noble jewelry Sotheby's, which was held in Geneva. The average price of the lot was $ 266 thousand per carat. Experts of the auction house expected that the price of the jewelry will be $ 1.2-2.2 million.
Connery also put up for sale a diamond weighing 5.18 carats, ringed, which was sold for $ 249 thousand before the auction, the cost of this stone was estimated at $ 145 -244 thousand, added to Sotheby's.
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