Quiet year for diamonds, says president Udi Sheintal.

The CIBJO Diamond Commission has issued its Special Report ahead of the group’s 2012 congress that will take place next month in Vicenza, Italy.

CIBJO Diamond Commission president Udi Sheintal described the year as a quiet one for diamonds, but commented that this was a positive rather than a negative for the market.


He added: "No news is good news. During the past years, we’ve learnt that in the case of discussions about diamond nomenclature – in CIBJO circles and beyond – that expression certainly rings true.

“Currently, while our colleagues in the coloured stone and pearl sectors continue to have many controversial and, therefore, pressing issues concerning nomenclature on their plate, in our sector the heat of discussions has been lowered to a moderate temperature. This has allowed the members of the Diamond Commission Steering Committee and the Diamond Commission to concentrate on the fine tuning of the wording of the Diamond Book and, also, to open the floor for discussion on other topics that have moved into the diamond sector’s field of vision."

Professional Jeweller readers can dowload the full report by clicking here