07 Dec 2021
DiamondWorld Directory
Home |
BASELWORLD 2010 – Europe Headed for Recovery
BASELWORLD - 2010 concluded after eight successful days on 26 March, 2010.
By: Diamond World News Service
May 6 2010 4:36PM
Reference: 4921  


Responsibility is Good Business :

The Israeli Diamond Industry presented its new strategic approach for 2010, during its ceremonial annual press lunch, in which, Israel Diamond Institute Group of Companies (IDI) Managing Director Eli Avidar introduced the new campaign: “Responsibility is Good Business”. Also, guest speaker, Israel’s Deputy Minister of Industry, Trade and Labor MK Orit Noked, delivered a talk on Israel’s status as a centre for world trade, especially for the diamond trade, and the importance it places on responsibility in international trade. Israel is chairing the Kimberley Process during 2010, and the Ministry of Industry, Trade and Labor represents Israel in the Process.

Exhibitors speak ….

Ephraim Zion , DEHRES :

For us it is a quite show, the traffic is not so much . The prices in loose diamonds have gone up by 25-30% from the bottom last year. Goods like 1ct – 3ct are a lot in demand .
I think that we had a very busy Hongkong Show week, full of buyers and real sales that could also be a reason for less traffic here in loose diamond section. Europe side is generally slow and would pick up slowly .
On prices I believe that 1-5ct could be more strong while 5ct up should remain steady.
The challenge to companies like us are both sides to sell as well as to buy. The fancy shapes and fancy colors in big sizes there is big shortage.

Dinesh Sanspara , JR DIAM Group

We deal in briolette and diamond beads which are not a very common product in the market; so, the prices are stable in these goods . The show I think is better then last year but still not so great as it should be. We have been exhibiting for past 6 years in basel and generally we found lot of new customers from US and Europe .
But now this show is not looking cost affective to us and we may have to re-think in future.
Two sided whole briolette is very much in demand and moving strongly .


We have been coming to Basel more than 9 years now. I believe this Show has its own leadership. There are less people this year but quality buyers are there in the show and they are buying in good quantities . 1-3 cts. is very strong .
Buyers are cautious and definitely price-resistance is there. We are offering a lot of different designs high end jewellery pieces and they are moving well. I feel the Middle-East and Far-East are more promising than Europe.
If no adverse event took place then the market would be very strong in the season time.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

First | Previous | 1 | 2 | 3 | Next | Last | All

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 30171
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 6642
GJEPC Chairman Interview
Views: 26442
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 36347
Promo for IJ Awards 2012 at NDTV Profit
Views: 50287
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 63678
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 20390
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 48324
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 47446
GIA 2021
DW Whatsapp Sub sq
Member of:
Supporter of: