23 Jul 2019
DiamondWorld Directory
-
Home |
News
Home
DTC decides a smaller September sight in view to help stabilise the market
Moti Ganz expresses his support to the decision
By: Diamond World News Service
|
Sep 22 2011 12:11PM
|
Reference: 6343  

DecreaseIncrease

Post its large August sight ($855 million), which was seen as unusually large, the Diamond Trading Company (DTC) had announced to reduce its September Sight to $380 million. DTC intended to ‘ seek to calm the market by decreasing sights and stabilizing prices – which will affect the entire diamond supply pipeline, including the polished diamond market in diamond trading centers’. Supporting this decision Moti Ganz, Chairman of the Israel Diamond Institute (IDI) said that this will help to ‘calm the market, which has recently seen vacillating prices’. Moti Ganz is also the President of the International Diamond Manufacturers Association and the Israel Diamond Manufacturers Association.

Ganz had special praise for DTC CEO Varda Shine –whom he and Israel Diamond Exchange President Yair Sahar inducted into the IDI League of Honor at the opening ceremony of the Hong Kong September Fair 2011.

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
Advertisement
M. Suresh234x60
Search News by City
Advertisement
Kosher 23460
Advertisement
HouseAd_Trade Fair
Recent Issue
2019
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
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
Spotted: Who Wore What (August 2018)
Pictures: 4
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 15601
GJEPC Chairman Interview
Views: 14371
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 21234
Promo for IJ Awards 2012 at NDTV Profit
Views: 34003
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 37320
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 11866
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 35485
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 33485
Member of:
Supporter of: