Antwerp rough diamond trade fair heavily attended
02.03.2015
The Rough Diamond Days hosted at the Antwerpsche Diamantkring (ADK) on February 25 and 26 were once again strongly attended. Some 65 exhibitors that took part at the event traded a significant number of rough diamonds to domestic and international diamond dealers.
The positive annual diamond trade figures that were released earlier confirm that Antwerp remains one of the most important diamond trade hubs. In 2014, 58.8 billion USD worth of diamonds were imported to and exported from Antwerp. According to the data, 84% of all rough diamonds and 50% of all polished diamonds pass through the city, which makes it an ideal place to purchase rough and polished diamonds at the best price/quality ratio.
After witnessing the extremely strong turnout at the first Rough Diamond Days at the end of last year, ADK has now organized a second trade event focusing exclusively on rough diamonds. Organizing the Rough Diamond Days in the wake of the so-called sighting week enables contact to be easily made with rough diamond dealers. The event welcomed in excess of 2,500 potential buyers over the two days.
President of ADK Freddy Inzlicht said: “A wide range of rough diamonds were on offer during this two-day trading event, so everyone could find what he was looking for. But above all the personal contacts boosted the confidence level, which is something that many dealers can use in these difficult times.”
In addition to the many Belgian diamond traders, a large number of foreign delegations from India, the United States and Israel were also present at the Rough Diamond Days.
Still, these are difficult days in the international diamond trade. The prices of rough diamonds are extremely high, while the prices for polished diamonds have not followed, forcing many dealers to have to sell at no profit or even at a loss.
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