浙江之源资产评估有限责任公司
Global Diamond Market Dynamics in August 2016
Release time:
2016-09-11
Source:
www.jewellery.org.cn
2016 In the first half of the year, instability in the international situation led to continuous fluctuations in gold prices, resulting in a sluggish gold market with low trading volumes. So, globally speaking, diamonds... 8 What’s the market dynamics for the month?
Hong Kong: During the slow summer typhoon season, jewelry retailers are clearing out inventory through discounts. Overall retail sales declined in the first half of the year. 11%,17 The largest drop in years, driven by a slowdown in tourism and economic growth. Sales of jewelry and luxury goods have weakened. Due to... 1 Kla, G-J,VS-SI,3X Diamond demand is stable, and diamond trading is stable.
U.S.: Sentiment is softening amid a quiet diamond market. 1 Kla, H-I, SI Diamond demand remains stable. Due to weak prices, 3X Diamond demand remains strong. Large retail projects are placing orders, but jewelers are cautious to avoid building up inventory. Sales are concentrated on engagement and bridal jewelry, particularly during the peak summer wedding season.
Belgium: Due to 8 Moon 1 day -22 The stock exchange is closed, and the market is in a standstill. 2017 The newly introduced New Kla tax aims to simplify tax calculations and ease tensions with banks and authorities. 8 Moon 5 Friday, Antwerp World Diamond Center (AWDC) Hold a Kela tax briefing.
Israel: 8 Monthly loose diamond trading is in a seasonally slow period. Dealers are preparing to close the exchange. (8 Moon 15 day -28 day ) Previous vacation. Due to the small number of overseas participants, the one-day Blue and White Expo saw a slight improvement. 0.30–0.89 Kla, D-I,VVS1-VS2 Diamond demand remains stable. We are concerned about the increasing supply as well as the growing demand for diamonds.
India: The trade in loose diamonds is quiet. Jewelers are paying close attention. IIJS Exhibit (8 Moon 4 day -8 day ) Sales forecasts for diamond and gold jewelry are low. Very few foreign buyers attended. 1 Kla, G-J,VS-SI Diamond demand remains strong. U.S. demand is stable. Domestic demand in China and India is cautious. Following the De Beers sourcing event, rough diamond transactions have remained steady.
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