In two months, the next International diamond week will open in Israel, and the Israeli Diamond Exchange (IDE) will once again accept hundreds of diamantaires and buyers who are already preparing for a four-day diamond trade festival. International diamond week will be attended by dealers from Israel, India, Belgium, USA and many other countries. In the IDE's sales hall, polished diamonds for a total of over $ 1 billion will be auctioned, according to a press release received by Rough & Polished.
"Nearly two years after the presentation of IDE's concept of the International Diamond Week, we were able to realize the idea, and this event was an important event in the trade between diamond exchanges from around the world," the IDE president said. - By inviting many IDE members to this event where they can interact with members of the Beurs voor Diamanthandel and the Diamond Dealers Club of New York, we create a unique temporary trading platform for transactions and communication . Our experience demonstrates the tremendous benefits of this event, and we look forward to colleagues from the Antwerp Diamond Exchange, who will participate for the first time in the International Diamond Week. "
The president of the Antwerp Diamond Exchange, Marcel Pruwer, said that diamond exchanges are shaping a new overall development dynamic that will dramatically change the rules of the game in the diamond and jewelry industries, providing participants with greater value, liquidity and opportunities, expanding the trading platform and increasing profit margins and profitability in world trade in diamonds. "