{"id":8616,"date":"2024-05-24T07:25:39","date_gmt":"2024-05-24T07:25:39","guid":{"rendered":"https:\/\/jewellerynewsindia.com\/?p=8616"},"modified":"2024-05-24T07:26:20","modified_gmt":"2024-05-24T07:26:20","slug":"de-beers-rough-sales-trend-lower-as-indias-diamond-trading-slows-during-elections","status":"publish","type":"post","link":"https:\/\/jewellerynewsindia.com\/index.php\/2024\/05\/24\/de-beers-rough-sales-trend-lower-as-indias-diamond-trading-slows-during-elections\/","title":{"rendered":"De Beers&#8217; rough sales trend lower as India&#8217;s diamond trading slows during elections."},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-full is-resized has-custom-border\"><img fetchpriority=\"high\" decoding=\"async\" width=\"875\" height=\"621\" src=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/05\/IMG-3-4.jpg\" alt=\"\" class=\"wp-image-8618\" style=\"border-width:3px;border-radius:5px;width:582px;height:auto\" srcset=\"https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/05\/IMG-3-4.jpg 875w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/05\/IMG-3-4-300x213.jpg 300w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/05\/IMG-3-4-768x545.jpg 768w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/05\/IMG-3-4-200x142.jpg 200w, https:\/\/jewellerynewsindia.com\/wp-content\/uploads\/2024\/05\/IMG-3-4-600x426.jpg 600w\" sizes=\"(max-width: 875px) 100vw, 875px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.debeersgroup.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">De Beers<\/a> published preliminary diamond sales numbers for the fourth sales cycle of 2024, which show a drop. The provisional sales value for this cycle is $380 million, down 15% from $446 million in Cycle 3 of 2024 and 21% from $479 million in Cycle 4 of 2023.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.debeersgroup.com\/about-us\/leadership#al-cook\" target=\"_blank\" rel=\"noreferrer noopener\">De Beers Group CEO Al Cook<\/a> stated, &#8220;As expected, <a href=\"https:\/\/www.debeersgroup.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">De Beers<\/a>&#8216; rough diamond sales in the fourth cycle of the year trended lower, in line with the seasonally slower second quarter and a quieter trading period in India during the elections.&#8221; The worldwide diamond business is currently focusing on the <a href=\"https:\/\/lasvegas.jckonline.com\/en-us.html?utm_source=cmv3-google&amp;utm_campaign=PPC-Attendee-Reg&amp;utm_medium=ppc-performance-max&amp;utm_term=PPC4&amp;gad_source=1&amp;gclid=CjwKCAjw9cCyBhBzEiwAJTUWNeYARa_OfZPTSGUNf_dnCdZ74YXShw7IYNexNQ5BsGFpOgilYVEUzhoCM84QAvD_BwE\" target=\"_blank\" rel=\"noreferrer noopener\">JCK jewelry show in Las Vegas<\/a> at the end of May. Demand trends in the United States are projected to be influenced by short-term macroeconomic concerns, but will be sustained in the future years by an increase in engagements as the impacts of pandemic lockdowns recede.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>&nbsp;<\/td><td><strong>Cycle 4 2024<\/strong><strong>(provisional)<\/strong><\/td><td>Cycle 3 2024(actual)<\/td><td>Cycle 4 2023(actual)<\/td><\/tr><tr><td><strong>Sales value<\/strong>&nbsp;<strong>($m)<\/strong><\/td><td><strong>380<\/strong><\/td><td>446<\/td><td>479<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>De Beers published preliminary diamond sales numbers for the fourth sales cycle of 2024, which show a drop. The provisional sales value for this cycle is $380 million, down 15% from $446 million in Cycle 3 of 2024 and 21% from $479 million in Cycle 4 of 2023. De Beers Group CEO Al Cook stated, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8617,"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-8616","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&#039; rough sales trend lower as India&#039;s diamond trading slows during elections. - 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\/05\/24\/de-beers-rough-sales-trend-lower-as-indias-diamond-trading-slows-during-elections\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"De Beers&#039; rough sales trend lower as India&#039;s diamond trading slows during elections. - JNI\" \/>\n<meta property=\"og:description\" content=\"De Beers published preliminary diamond sales numbers for the fourth sales cycle of 2024, which show a drop. 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The provisional sales value for this cycle is $380 million, down 15% from $446 million in Cycle 3 of 2024 and 21% from $479 million in Cycle 4 of 2023. De Beers Group CEO Al Cook stated,&hellip;","_links":{"self":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/8616","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=8616"}],"version-history":[{"count":1,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/8616\/revisions"}],"predecessor-version":[{"id":8619,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/posts\/8616\/revisions\/8619"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/media\/8617"}],"wp:attachment":[{"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/media?parent=8616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/categories?post=8616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jewellerynewsindia.com\/index.php\/wp-json\/wp\/v2\/tags?post=8616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}