Wednesday, July 12, 2017

Joint-stock company ALROSA, the largest in the world in terms of diamond production, held a meeting with its customers and partners in the Hong Kong exhibition of jewelry and precious stones (Hong Kong Jewellery & Gem Fair) . The meeting was devoted to the development of the diamond market, with particular emphasis on the subject of possible impact on the market of natural diamonds to increase the production of synthetic stones. This was reported by the company in its press release.
The working meeting was attended by leaders of the Shanghai Diamond Exchange (Shanghai Diamond Exchange), Diamond Hong Kong Federation (Diamond Federation of Hong Kong), the Association of Diamond Manufacturers (Diamond Producers Association, DPA), Export Promotion Council of precious stones and jewelery (Gem & Jewellery Export Promotion Council, GJEPC), the World diamond Council (World diamond Council, WDC), the Israel diamond Exchange (Israel diamond Exchange, IDE), the Antwerp World diamond center (Antwerp World diamond Centre, AWDC) , as well as representatives of international gemological laboratories and major world Jewelry x retailers, analysts diamond market.
The panel discussion was an exchange of views with key players on the risks of illegal mix with synthetic diamonds.
ALROSA position on possible measures the natural diamond market protection against illegal entry and the threat of substitution synthetics introduced ALROSA President Adviser Galina Platonova. She stressed that the basis of the natural diamond market protection from illegal substitution of synthetic diamond is the work on the disclosure of information about the places of production and the further movement of the rough and polished to the final consumer.
Important aspects of this protection - the formation of consumer preferences in favor of the purchase of products with natural diamonds, as well as the development and production of devices for the detection of natural and synthetic diamonds in jewelry with precious stones.
In particular, as part of the natural diamond market protection and promotion of their own products in the key regional markets, now ALROSA develops generic marketing program (Generic marketing), special activities, emphasizing the Russian natural origin of diamonds, as well as working to promote the brand ALROSA.
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1 comment:

Pearl Necklace said...

According to recent data, gold imports to China from Hong Kong in September rose to a ten-month high. This may be a sign of a possible recovery in the demand for gold in China in the second half of this year.
The import of gold to China, therefore, has been growing for three months in a row. The third quarter was the best in the year by the volume of gold imports to this country. In the second half of 2015, the demand for gold rose against the background of poor performance of local stock markets.
The import of gold to China from Hong Kong rose from 59.3 tons in August to 97.2 tons in September, according to the Hong Kong Bureau of Statistics and the population census.
In September, gold imports to China were the highest since November 2014. The current 4-th quarter is usually characterized by high demand for gold in China.
The festive season of high consumption of gold in China began with a national holiday in the first week of October. The season continues until the New Year according to the lunar calendar, which will be celebrated in 2016. Usually in the festive season, consumption of gold as gifts grows. In addition, the value of gold imports jumped due to high gold premiums, thanks to which banks can get a good return on the difference in gold prices within China and in world markets. According to a survey on the state of the gold market in the third quarter of 2015, conducted by GFMS, in the second quarter, the demand for gold in China is likely to be better than in the first quarter, largely due to the collapse of the Chinese stock at the time Market.