Sa Jewelry News Sajn August 2022 By Isikhova Media
Recession is not the one issue that has introduced down exports of diamonds to the US from India, which is claimed to cut and polish nine out of each 10 diamonds out there globally. “The concern of sanctions and absence of clarity are impacting the trade,” said a leading diamond exporter, who didn’t want to be named. Manufacturers of lab-grown diamonds – that are 80% cheaper than natural diamond – additionally claimed that export volumes have elevated with the US being the most important importer. They attributed the fall in export worth to cost instability after several new gamers entered …
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