Australia's 1Q Diamond Production -36%; Exports -27% - Rapaport

Australia’s diamond production continued to spiral in the first quarter of 2008 showing the steepest decline among the country’s commodities for the period. Diamond production fell 36.4 percent to 2.277 million carats from last year to this year for the three months ending March 31, 2008, the Australian Bureau of Agricultural & Resource Economics (ABARE) reported Wednesday (June 11, 2008.) Production fell by 62.9 percent compared to the preceding December quarter. Australia’s diamond production fell 24 percent to 6.145 million carats in 2007.

Read Full Story

Posted by Posted by Jewelry News at Wednesday, June 11, 2008 5:40 AM
Categories: (ABARE), Australia Diamonds
 

What did you think of this article?




Trackbacks
Trackback specific URL for this post
  • No trackbacks exist for this post.
Comments
  • No comments exist for this post.
Leave a comment

Submitted comments are subject to moderation before being displayed.

 Name (required)

 Email (will not be published) (required)

 Website

Your comment is 0 characters limited to 3000 characters.