
Following revolt, the Rapaport Price List will go monthly
Thursdays will never be the same in the diamond industry.
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Thursdays will never be the same in the diamond industry.
Martin Rapaport, chairman of the Rapaport Group, explained how the Rapaport Price List works during a webinar this week.
Last week, Martin Rapaport lowered prices on the March 20 edition of his widely watched price list by an average of 7%, leading some companies to pull their inventory from RapNet, his online listing service. Afterward, following a vote of RapNet members, he agreed to suspend publication of his price list until May 1.
Press release – To all members of the WFDB, Dear member of the worldwide diamond trade: In light of the crisis caused by the global pandemic Covid-19, we are writing to you as representatives of the midstream.
Belgian and Israeli industry organizations are jointly organizing a virtual trade show to compensate for the cancellation of major exhibitions around the world.
The Rapaport Group won’t publish a new price list for the next five weeks with the spread of COVID-19 bringing diamond trading to a standstill worldwide.
The 2020 edition of JCK Las Vegas, America’s largest jewelry trade show, as well as sister show Luxury, will be postponed until later in the year, according to show organizer Reed Exhibitions and the Reed Jewelry Group.
Press release – I write these words from my home in Milan, to which the movement of my family is now restricted, according to new government regulations meant to help prevent the spread of the COVID-19 coronavirus. Fortunately, we are all in good health.
Outwardly, mining companies comment on the decline in the global demand with Olympian calmness: there are temporary issues with the distribution of the excess supply formed in the market earlier, shortage of lending to the industry, slowdown of the Chinese economy, trade war between the USA and China, etc. In short, everything is temporary, comes […]
All diamond trading halls in Belgium and Israel are closing until further notice as the countries attempt to stem the spread of the coronavirus.
Press release – ALROSA takes further action to support long-term customers amid global market uncertainty.
The Canadian Jewellers Association (CJA) has issued a guide to advertising lab-grown diamonds in response to a rise in marketing of the product to consumers in the country.