| The Rapaport Group is an international network of companies providing first class, added value services that support the development of free, fair, efficient and competitive diamond and jewelry markets. Established in 1976, the Group has over ten thousand clients in 70 countries. |
| Group activities include publishing, electronic information services and trading networks, diamond grading and certification, global trading and tender services, consolidated international shipping, international sourcing, quality-control and compliance services, financial, research and marketing services. |
| A primary and unifying focus of the Group are knowledge ba |
| The publishing division is best known for its Rapaport Diamond Report. Established in 1978, the Report is the primary source of diamond pricing and market information for the diamond industry. |
| The Diamonds.Net internet portal supports our 24/7 Rapaport News Service as well as RapNet, the world’s largest diamond trading network with daily diamond listings of 525,000 diamonds valued at over $4.12 billion. While the Group provides extensive trading services to our clients, we do not trade diamonds for our own account. |
| The most important strengths of the Group include our dedicated team of over 100 highly skilled professionals, sophisticated information and data management technology, global reach, independent perspective and total commitment to providing our clients with consistent first class service. |
Strong Chinese demand for carat and smaller triple EX certs. Market improving for 4/4. Larger (3cts+) cert goods getting bids at 40/50 discounts. Local Indian demand improving but very little foreign activity. Lack of liquidity and weak rupee still pressuring Mumbai markets. Graff sells 30-carat, emerald cut for $5 million at European TEFAF antique show. Improving demand for large stones at $50,000 to $250,000 price points. Namdeb seeks three-month mining suspension. U.S. Feb. jewelry consumer price index up 4%. U.S. Jan. polished imports down 50% to $755 million and polished exports down 45% to $598 mil. Belgium Feb. polished exports fell 36% to $759 million, while rough imports declined 71% to $277 million. India's February polished exports dropped 35% to $873 million, while rough imports sank 77% to $210 million. Israel's February polished exports were down 62% to $309 million. Botswana's 4Q08 rough exports fell 44% to $261 million and imports increased 67% to $84 million. Australia's 2Q FY09 rough production sagged 12% to 5.4 million cartas and exports were down 11% to 4.1 million carats at $107 million. U.S. 2008 crime events against dealers and/or jewelers surged 17% and related dollar losses were up 7% to $104 million.
-------------------------------------------------------------------------------------------
Copyright © Money.pl