De Beers, Alrosa Reveal 2019 Sale Schedules

RAPAPORT... De Beers and Alrosa have released the dates of their rough-diamond sales for 2019. Next year, De Beers will not hold a sight in October, replacing it with a sight in August instead. Alrosa sales also include goods from its subsidiaries, Alrosa-Nurba, Severalmaz and Almazy Anabara.

De Beers holds 10 sales, or sights, in Botswana every year, at which it sells about 90% of its rough supply to long-term clients, known as sightholders. Alrosa’s main contract sales are monthly, taking place in Moscow.

De Beers sights

•Sight 1: January 21 to 25

•Sight 2: February 25 to March 1

•Sight 3: April 1 to 5

•Sight 4: May 13 to 17

•Sight 5: June 17 to 21

•Sight 6: July 22 to 26

•Sight 7: August 19 to 23

•Sight 8: September 23 to 27

•Sight 9: November 4 to 8

•Sight 10: December 9 to 13

Diamond Supply Agreement for Alrosa and its subsidiaries, Alrosa-Nurba, Severalmaz and Almazy Anabara

•January 14 to 18

•February 11 to 15 (Excludes supply from Almazy Anabara)

•March 11 to 15

•April 8 to 12

•May 15 to 17 and May 20 to 21 (Excludes supply from Almazy Anabara)

•June 13 to 14 and June 17 to 19 (Excludes supply from Almazy Anabara)

•July 10 to 12 and July 15 to 16 (Excludes supply from Almazy Anabara)

•August 12 to 16 (Excludes supply from Almazy Anabara)

•September 9 to 13

•October 10 to 11 and October 14 to 16

•November 11 to 15

•December 5 to 6 and December 9 to 11

Rapaport Weekly Market Comment

Jan 3, 2019 10:59 AM

Happy New Year! Diamond trade ends relatively good year with 1 ct. RAPI +0.7% despite weak 2H. Diamond manufacturers cautious amid expectations of continued midstream consolidation due to bankruptcies and mergers. Dealer market quiet over New Year holiday. Polished suppliers start 2019 with high inventory of small goods up to 0.30 ct. Total diamonds listed on RapNet +24% year on year to 1.5M on Jan. 1. Positive US holiday season sees strong store and web traffic. Retail outlook optimistic, boosted by tax reforms and low unemployment, but stock-market volatility, higher interest rates and US-China trade tariffs may slow luxury spending.

Fancies: Fancy-shape market stable, driven by US and European demand for fashion jewelry. Ovals are best sellers, followed by Emeralds, Cushions and Pears. Supply shortage supporting prices for Pears. Radiants improving. Marquises and Princesses weak. Oversizes selling well. Steady demand for fine-quality 6 to 10 ct. Ovals, Pears and Emeralds, with prices firming for 3 to 5 ct. due to shortages. Chinese consumers seeking fancy shapes at better prices. US supporting market for commercial-quality, medium-priced fancies under 1 ct. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.

United States: Wholesale market quiet, with businesses slowly returning from Christmas-New Year vacation. Initial holiday retail reports positive, but growth slower than in 2017. Trading expected to increase in January following decline in inventory levels during holiday season. Consumer confidence fell 7% in December to its lowest level in five months, according to the Conference Board, reflecting concern that economic growth would slow in the first half.

Belgium: Most businesses closed over New Year. Dealers assessing first-quarter inventory needs before bourses reopen on January 7.

Israel: Trading sluggish as suppliers wait for holiday-season results and replacement orders. Israeli dealer-to-dealer activity continues to slow. Cautious outlook for the year amid consolidation and rumors of layoffs. Businesses assessing new tax laws that took effect for the diamond industry on January 1.

India: Polished trading down, with few foreign buyers in the market over Christmas-New Year. Suppliers holding prices firm during lull, but willing to discount on very old stock. Manufacturers raising polished production, but wary due to high inventory levels. Consolidation expected this year as bankruptcy rumors persist. Jewelry sales stable during ongoing wedding season.

Hong Kong: Market quiet, with many dealers on vacation over Christmas and New Year. Preparations under way for Chinese Lunar Festival on February 5. Jewelry manufacturing steady, with orders from the US and China staying strong despite trade war. Tourist arrivals continue, but focus turns to discount shopping rather than luxury.

Rapaport Weekly Market Comment

Jan 10, 2019 10:59 AM

Sentiment improved after relatively good holiday season, but dealers and cutters concerned about low profit margins, excess supply, and selective demand. Indian bank credit tightening, with ICICI to close Antwerp branch. Stock markets rebound, with Dow index +2% since Jan. 1, amid optimism for US-China trade deal. Suppliers focused on Chinese New Year orders, with steady demand for lower-color and -clarity goods (G-J, VS-SI). Lab-grown producers gaining investor interest. Diamond Foundry to raise annual synthetic-rough production tenfold to 1M cts. Tiffany & Co. declares geographical provenance of diamonds over 0.18 ct. De Beers approves changes to its disclosure rules.

Fancies: Fancy-shape market stable, driven by US and European demand for fashion jewelry. Ovals are best sellers, followed by Emeralds, Cushions and Pears. Supply shortage supporting prices for Pears. Radiants improving. Marquises and Princesses weak. Oversizes selling well. Steady demand for fine-quality 6 to 10 ct. Ovals, Pears and Emeralds, with prices firming for 3 to 5 ct. due to shortages. Chinese consumers seeking fancy shapes at better prices. US supporting market for commercial-quality, medium-priced fancies under 1 ct. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.

United States: Dealers slowly returning from New Year vacation; stronger trading expected from next week. Mixed feedback about holiday selling season. Good demand and short supply of excellent-cut VS2-SI1 diamonds. Jewelers note busy January, with a lot of repair work and gift-card purchases. Steady sales of engagement rings ahead of Valentine’s Day.

Belgium: Sentiment positive as dealers return from Christmas break.More confidence in European luxury market than Indian dealer trading. Steady interest in 1 to 2 ct., G-J, VS-SI diamonds. Dossiers weaker. Deep concern about credit scarcity and banks’ caution regarding the diamond industry. Rough sector quiet.

Israel: Companies uncertain about prospects for year ahead. Optimism for US demand, caution about China. Subdued local trading amid unease about new tax laws, with some companies considering relocating. Dealers bargain-hunting rather than focusing on niche specialties.Polished inventory levels stable compared to last year.

India: Slow trading, with few foreign purchasers in the Mumbai market. Buyers selective, but having difficulty finding the right goods at the right price. Suppliers maintaining stable prices on fresh supply, but have a lot of older merchandise in stock. Manufacturers keeping production below capacity for now, as concerns about profitability persist. Banks raising collateral requirements, with liquidity crunch expected through the end of the fiscal year on March 31.

Hong Kong: Polished trading steady as jewelers prepare for Chinese New Year sales. Retailers reducing in-store inventory of larger certified goods, preferring to contact suppliers as orders come in. Solid market for 0.30 to 0.50 ct., G-J, VS1-SI2 diamonds. Good engagement-ring demand for 1 ct., F-J, SI diamonds with no fluorescence. Dealers shifting to lower colors and clarities to meet price points.

Zaujímavá spolupráca ?

RAPAPORT... Alrosa will resume diamond-mining operations in Zimbabwe after a two-year break from the country.

The Russian miner announced it would partner with the African country to develop joint exploration and extraction projects. The announcement took place during a visit to Moscow by Zimbabwe President Emmerson Mnangagwa.

“We…seek to support Zimbabwe in the development of its diamond-mining industry in line with [the] industry’s best practices,” Alrosa CEO Sergey Ivanov said Monday. “We are happy to share…a wealth of experience in the field of mineral exploration and diamond mining, including the ndustry’ self-regulation and responsible business.”

Mnangagwa has been trying to reform the nation’s diamond industry and rebuild investor confidence since coming to power in 2017. Corruption claims plagued the sector under the nation’s former leadership, and many mining companies, including Alrosa, left the country.

In December, Zimbabwe’s Ministry of Mines and Mining Development said it would allow two new companies to mine at Marange, and called on both De Beers and Vast Resources to return. Both companies said they had not received an official invitation.

After negotiations last year, Alrosa opened a Zimbabwe subsidiary in December, and intends to deploy geologists and mining engineers to the country within the coming month, it said.

Rapaport Weekly Market Comment

Jan 17, 2019 10:59 AM

Trading relatively quiet as jewelers begin restocking after holiday season. Top-tier independents and luxury retailers outpacing large jewelry chains: Signet Jewelers Nov./Dec. sales -3% to $1.8B, Richemont’s Cartier and Van Cleef & Arpels 3Q revenue +9% to $2.3B, Forevermark 2018 US sales +8%. Cautious outlook for Chinese New Year as Chow Tai Fook 3Q same-store sales -7% in China, -6% in Hong Kong/Macau. India trade uncertain due to tightening bank credit, slim profit margins, and excess inventory of unwanted lower-quality polished. Rough prices and supply expected to be steady at next week’s De Beers sight. India 2018 polished exports +6% to $24.4B, rough imports -9% to $16.9B.

Fancies: Fancy-shape market stable, driven by US and European demand for fashion jewelry. Ovals are best sellers, followed by Emeralds, Cushions and Pears. Supply shortage supporting prices for Pears. Radiants improving. Marquises and Princesses weak. Oversizes selling well. Steady demand for fine-quality 6 to 10 ct. Ovals, Pears and Emeralds, with prices firming for 3 to 5 ct. due to shortages. Chinese consumers seeking fancy shapes at better prices. US supporting market for commercial-quality, medium-priced fancies under 1 ct. Off-make, poorly cut fancies illiquid and hard to sell, even at very deep discounts.

United States: Sentiment positive, with dealers and jewelers relatively satisfied with holiday-season results. Buyers remain price-sensitive and selective while looking for goods to replenish reduced inventory levels. Steady demand for 0.50 to 0.70 ct., H-J, SI-I1, lower-quality parcel goods for stud jewelry. Shortage of excellent-quality large stones above 10 ct. Bridal and engagement ring sales firm as consumers prepare for Valentine’s Day.

Belgium: Polished prices stable amid slow trading. Big-stone dealers doing well, with improving demand for large fancy shapes. Dossiers below 1 ct. firm. Steady orders for 1 to 3 ct., G-J, VS-SI, 3X diamonds. A lot of goods still out on memo. Rough market quiet ahead of next week’s De Beers sight.

Israel: Dealers cautious, waiting to assess the market impact of US holiday results, Chinese New Year demand, and rough prices at De Beers Jan. sight. Notable rise in inventory of 1 ct., I-M, IF-SI products. Spike in availability of 0.30 ct., I-M, VS, RapSpec A3+ diamonds. Suppliers hoping bourse’s International Diamond Week (Jan. 28 to 30) and the Hong Kong show (Feb. 28) will boost trade.

India: Activity slower than usual for January. Dealers focused on China and Hong Kong for Chinese New Year period. Domestic demand steady as jewelers push bridal during ongoing wedding season. Manufacturers remain cautious due to tight profit margins, with factories operating below capacity since Diwali. Suppliers holding stock in preparation for Hong Kong show.

Hong Kong: Good wholesale trading as jewelers enter peak Chinese New Year selling season. Jewelry manufacturers starting to close for the season, but dealers will operate until the last minute. Retailers concerned cautious economic outlook will affect consumer sentiment. Solid market for 0.30 to 0.70 ct., G-K, VS-SI, 3X diamonds; collection goods weaker. Rising consumer interest in fancy shapes.

Grófik udržuješ toto vlákno živé ako japonský robotník.🙂
Mám na teba otázku - našli sa nejaké diamanty aj na území Slovenska ?

Farebné diamanty vyťažené spoločnosťou Alrosa pripravené na opracovanie pre konkrétneho klienta.

Obrázky:

Skôr tzv marmarošské diamanty .
Určite vo veľmi obmedzenej forme aj origoš diamanty v nejakej nešperkárskej kvalite , krátery po sopkách máme aj My.

grofik napsal/a:

Skôr tzv marmarošské diamanty .
Určite vo veľmi obmedzenej forme aj origoš diamanty v nejakej nešperkárskej kvalite , krátery po sopkách máme aj My.

No kryštálov kremeňa som videl aj ja habakuky, ale ja som sa pýtal na diamanty. Kráterov po sopkách je na Slovensku nadostač, ale hlásil už niekto nález diamantu? (bez ohľadu na hmotnosť a kvalitu)

Momentálne si nespomínam zo 100% istotou , ale domnievam sa asi áno ,
solídnejšiu info dám možno do konca týždňa.

Ja zasa pokiaľ lozím po horách viac venujem pozornosť okolo hríbov ako minerálov , ale priateľov beriem na hľadanie minerálov , ja idem radšej na hríby .

Zasa nemám problém dostať pekný nerast na oplátku...