Rapaport的动态

If we all agree that a natural diamond is 20 times more expensive that a comparable lab grown diamond a 1 percent drop in natural diamond prices is 20 times in absolute dollar amount. For example, if you buy a natural diamond for USD 10,000 the comparable LGD should cost USD 500. A 1 percent decline in natural diamond prices is a decline of USD 100. So a 5 percent decrease is USD 500 which more than pays for the comparable LGD. Of course it is not clear if the difference is indeed 20 times. Some thinks it is even higher. Also the price figure is never clearly defined so there is a lot of imprecision in this analysis but it is clear that in dollar terms drop in natural diamond prices of 20 percent represents loss of much more absolute dollars than decline in LGD prices. We need to be aware of this reality. Percentages can be misleading. Sure there is an argument that buyers of natural do not care as they are rich. They buy naturals because of its mystical appeal. Let’s just focus on hard math.

India's diamond industry, a global leader in diamond polishing and cutting, is facing a severe downturn, with exports dropping by nearly 35% from 2022 to 2024. Surat, which handles 90% of the world’s diamond cutting and polishing, is at the epicentre of this crisis. Workers are being sent on leave, and manufacturers forced to slash prices to manage an oversupply of rough diamonds. In 2021, India’s diamond exports were valued at $24 billion, but this figure has sharply declined due to global economic uncertainties, international market challenges, and shifting consumer preferences. The government has introduced safe harbour sops for international suppliers, but will these measures be enough to stabilise the industry? How are changing consumer preferences impacting diamond demand, and what shifts could the industry anticipate next? Can government interventions revive the sector? Discover the full story in 'Diamonds in the Rough,' streaming now on #News9Plus! #Diamond Sachin Jain Sri Ramakrishnan #diamondconsumers #diamondindustry #surat News9 Plus

Ramkrishna Forgings Q3FY25 results: Strong export growth and strategic expansion #RamkrishnaForgings #Q3FY25Results #ForgedProducts #AutomotiveGrowth #EVMarket #EarningsReport

Key Insights from the LME Mumbai Forum ?? We are proud to share that our Founder and Managing Director, Mr. Anuj Bareja had the incredible?opportunity to speak at the London Metal Exchange (LME) Mumbai Forum, addressing a crucial topic for the Indian Metals Industry. He highlighted the need for establishing London Metal Exchange (LME) warehouses in India, which could significantly reduce the carbon footprint associated with transporting aluminium across global supply chains. By bringing LME-approved storage facilities closer to consumption hubs, we can enhance efficiency, lower logistics costs, and contribute to a more sustainable future for the industry. To dive deeper into this insightful discussion, read the full article here: https://surl.li/aqxrln #AsierMetals #LMEForum #SustainableMetals #Aluminium #Logistics #CarbonFootprint #MetalTrading

Indian exporters of garments, handicrafts, and engineering goods expect 5-10% gains from the rupee’s depreciation, but more import-dependent sectors such as gems and jewellery and electronics see rising oil and commodity prices offsetting any benefits, trade insiders said. Moreover, the sharper depreciation of the Chinese yuan, Japanese yen, and Mexican peso against the US dollar may prompt buyers to pressure Indian exporters to pass on the gains, besides undermining any long-term competitive advantage from the rupee’s fall, they said. - - - #NiryatBusiness #Niryat #Global #Import #ExportBenefits #IndianExporters #RupeeDepreciation #GarmentExports #HandicraftsIndia #EngineeringGoods #GlobalTrade #ExportOpportunities #CurrencyFluctuations #TradeInsights #EconomicImpact

Indian exporters of garments, handicrafts, and engineering goods expect 5-10% gains from the rupee’s depreciation, but more import-dependent sectors such as gems and jewellery and electronics see rising oil and commodity prices offsetting any benefits, trade insiders said. Moreover, the sharper depreciation of the Chinese yuan, Japanese yen, and Mexican peso against the US dollar may prompt buyers to pressure Indian exporters to pass on the gains, besides undermining any long-term competitive advantage from the rupee’s fall, they said. - - - #NiryatBusiness #Niryat #Global #Import #ExportBenefits #IndianExporters #RupeeDepreciation #GarmentExports #HandicraftsIndia #EngineeringGoods #GlobalTrade #ExportOpportunities #CurrencyFluctuations #TradeInsights #EconomicImpact

India's polished diamond exports have experienced significant fluctuations in recent months, reflecting broader global market trends. Recent Trends in India's Polished Diamond Exports: December: Exports stood at $773 million, a 10.4% decrease compared to December 2023. However, this marks an improvement from November's sharp decline. November: Exports dropped by 40% year-on-year, totaling $660 million. October: A positive uptick with an 11.3% increase, reaching over $1.4 billion. September: A 22.9% decrease, with exports at $1.29 billion. These fluctuations have significantly impacted India's diamond manufacturing sector, particularly in Surat, where approximately 30,000 workers have been laid off over the past six months. Global Context: In 2022, the global diamond jewelry market was valued at approximately $86.5 billion, with over half of the demand for polished diamonds originating from the United States. India led the global diamond export market in 2022, with exports valued at $26.1 billion, accounting for 21.2% of total diamond exports. Despite India's leading position, the industry has faced challenges due to decreased demand from key markets like China, which has been slow to recover from the COVID-19 pandemic. This downturn has led to significant declines in India's cut and polished diamond exports, prompting industry leaders to seek government support. While December's figures indicate a potential recovery, the global diamond market remains volatile. #DiamondIndustry #ExportTrends #JewelryMarket

India’s diamond sector is in crisis, with a sharp decline in imports and exports over the past three years. This downturn has led to defaults, factory closures, and significant job losses. The sector is struggling with a surplus of unprocessed rough diamonds and intense competition from lab-grown alternatives. Tragically, over 60 in Gujarat’s diamond industry have taken their lives due to financial and emotional strain. Immediate action is crucial to secure the industry’s future, says GTRI Founder Ajay Srivastava. #DiamondCrisis #India #GTRI

Merchandise exports declined nine percent in August to $34.71 billion on drop in gems & jewellery and iron ore even as engineering goods, electronic goods, RMG of all textiles and drugs & pharmaceuticals reported growth. The sharp decline in merchandise exports has come amidst continuous global economic uncertainties coupled with drop in commodity prices and logistical challenges, according to Ashwani Kumar, President, Federation of Indian Export Organisationsê(FIEO). #FederationofIndianExportOrganisations #FIEO #merchandise #logisticalchallenges #commodityprices ?? ???? ???????? ????????:?https://lnkd.in/dgt-A5xQ

Mr. Karan Pahuja, a stalwart of the Indian steel industry discusses India's ascent as the world's second-largest consumer of stainless steel. In this two part interview series, Pahuja reflects on the pivotal role of stainless steel in nation building also shares his extensive various experiences, and addresses the industry's current challenges and future prospects. Discover the strategies and innovations driving this remarkable growth and what it means for India's industrial future. Read the full artcile:- https://lnkd.in/gWxE-3Dm Indian Stainless Steel Development Association (ISSDA) GSSE 2025: Global Stainless Steel Expo #stainlesstoday #STnews #india #stainlesssteel #steelindustry #stainlesssteelindustry #industrialgrowth #sustainability #innovation #manufacturing #steelproduction #marketdevelopment #qualitycontrol #technology #energyefficiency #circularconomy #productinnovation #steelrecycling #sustainablemanufacturing #steeltrends #globalmarket #industryexpert #infrastructure