{"id":6962,"date":"2024-02-01T06:04:59","date_gmt":"2024-02-01T06:04:59","guid":{"rendered":"https:\/\/jewellerynewsindia.com\/?p=6962"},"modified":"2024-02-01T06:22:08","modified_gmt":"2024-02-01T06:22:08","slug":"de-beers-cycle-1-2024-sales-valued-us-370mn","status":"publish","type":"post","link":"https:\/\/jewellerynewsindia.com\/index.php\/2024\/02\/01\/de-beers-cycle-1-2024-sales-valued-us-370mn\/","title":{"rendered":"De Beers Cycle 1, 2024 sales valued US$ 370mn"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-full is-resized has-custom-border\"><img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"400\" src=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/02\/DeBeers-1.jpg\" alt=\"\" class=\"wp-image-6964\" style=\"border-width:3px;border-radius:5px;width:651px;height:auto\" srcset=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/02\/DeBeers-1.jpg 600w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/02\/DeBeers-1-300x200.jpg 300w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/02\/DeBeers-1-200x133.jpg 200w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.debeersgroup.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">De Beers Group<\/a> announced the value of rough diamond sales for the first sales cycle of 2024. The provisional rough diamond sales figure quoted for Cycle 1 represents the expected sales value for the period and remains subject to adjustment based on final completed sales.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.debeersgroup.com\/about-us\/leadership#al-cook\" target=\"_blank\" rel=\"noreferrer noopener\">Al Cook, CEO, De Beers Group<\/a>, said: \u201cSolid consumer demand for diamonds in the United States over the year-end holiday season has certainly helped to stabilise the industry and we are seeing polished diamond prices increasing again.<\/p>\n\n\n\n<p>Combined with the restart of rough diamond imports into India, this has led to demand for rough diamonds increasing substantially in the first sales cycle of 2024. However, as the prospects for economic growth in many major economies remain uncertain, we expect that it may take some time for rough diamond demand to fully recover.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>DeBeers<\/strong><strong><\/strong><\/td><td><strong>Cycle 1 2024<\/strong> <strong>(provisional)<\/strong><sup>[1]<\/sup><\/td><td>Cycle 10 2023 (actual)<strong><sup>[2]<\/sup><\/strong><\/td><td>Cycle 1 2023 (actual)<\/td><\/tr><tr><td><strong>Sales value<\/strong><sup>[3]<\/sup><strong>($m)<\/strong><\/td><td><strong>370<\/strong><\/td><td>137<\/td><td>454<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>(1) Cycle 1 2024 provisional sales value represents sales as at 30 January 2024.<\/strong><strong><\/strong><\/p>\n\n\n\n<p><strong>(2) Cycle 10 2023 actual sales value represents sales between the dates of 9 November and 19 December.<\/strong><\/p>\n\n\n\n<p><strong>(3) Sales values are quoted on a consolidated accounting basis. Auction sales included in a given cycle are the sum of all sales between the end of the preceding cycle and the end of the noted cycle.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>De Beers Group announced the value of rough diamond sales for the first sales cycle of 2024. The provisional rough diamond sales figure quoted for Cycle 1 represents the expected sales value for the period and remains subject to adjustment based on final completed sales. Al Cook, CEO, De Beers Group, said: \u201cSolid consumer demand [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>De Beers Cycle 1, 2024 sales valued US$ 370mn - JNI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jewellerynewsindia.com\/index.php\/2024\/02\/01\/de-beers-cycle-1-2024-sales-valued-us-370mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"De Beers Cycle 1, 2024 sales valued US$ 370mn - JNI\" \/>\n<meta property=\"og:description\" content=\"De Beers Group announced the value of rough diamond sales for the first sales cycle of 2024. 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href=\"https:\/\/jewellerynewsindia.com\/index.php\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","rttpg_excerpt":"De Beers Group announced the value of rough diamond sales for the first sales cycle of 2024. The provisional rough diamond sales figure quoted for Cycle 1 represents the expected sales value for the period and remains subject to adjustment based on final completed sales. Al Cook, CEO, De Beers Group, said: \u201cSolid consumer demand&hellip;","_links":{"self":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/6962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/comments?post=6962"}],"version-history":[{"count":1,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/6962\/revisions"}],"predecessor-version":[{"id":6965,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/6962\/revisions\/6965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/media\/6963"}],"wp:attachment":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/media?parent=6962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/categories?post=6962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/tags?post=6962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}