Shanghai Diamond Exchange's diamond import volume increased by over 60% in the first quarter

June 16 11:18:05, 2020

Abstract On April 12th, according to the statistics of Shanghai Customs, as the only import and export trading platform for diamonds in the country, in the first quarter of this year, the import and export of diamonds and powders under the general trade of Shanghai Diamond Exchange was 224,000 carats, with a value of 240 million yuan. , compared with the same period last year...
On April 12, according to the statistics of Shanghai Customs, as the only import and export trading platform for diamonds in the country, in the first quarter of this year, the import and export of diamonds and powders under the general trade of Shanghai Diamond Exchange was 224,000 carats, with a value of 240 million yuan. In the same period last year, it increased by 64.5% and 41.8% respectively.
According to reports, since last year, Shanghai Customs and Shanghai Drilling Exchange set up a platform to pay attention to domestic and international market changes, collect industry and price information, accurately grasp the pricing of diamonds, and use this as a reference for customs review, which has improved the fairness of the diamond market. Transparency promotes the acceleration of normal trade.
In 2015, Shanghai Customs supervised the Shanghai Diamond Exchange's general trade import rough diamonds reached 34.399 billion carats, a surge of 82.62 times over the previous year.
In 2015, Shanghai Customs conducted a price challenge on 316 customs declarations of the Shanghai Diamond Exchange, with 51 members involved in the exchange; a total of 105 inspections were carried out, and the average waiting period of exchange members was shortened by nearly half of the time.

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