Press Releases

Industry Groups to Study US Rough Diamond Trade

Published

8 years ago

October 19, 2016

INSTORE Staff

(Press Release) The Diamond Manufacturers and Importers Association of America and the U.S. Kimberley Process Authority announced their plan to conduct a joint research project to study the trade in rough diamonds in the U.S.

The study will educate the members of both associations about the activity and nature of U.S. imports and exports of rough diamonds. The plan is to better serve industry by gathering hard data about the trade in rough diamonds to better understand the market forces driving rough diamond imports and exports.

The scope of the research will include information about market trends, valuation, import and export flows as well as source.

The research project will be conducted by Dr. Martin Hochbaum and Cecilia Gardner, directors of the USKPA, along with Jeffrey Fischer, representing DMIA.

“Cooperation from the rough diamond industry to assist in this research project will be key to its success”, said Ronnie Vander Linden, president of DMIA. “All members of DMIA are urged to cooperate when contacted by the research team.”

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