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U.S. Net Diamond Account +1% to
$880M in July

16/09/07. Polished diamond imports into the United States grew 10 percent
to $1.66 billion in July 2007, though in terms of volume, imports dropped
12.5 percent to 1,365,674 carats for the month. Prices rose to $1,220 per
carat in July, compared with $968 per carat a year earlier.

The United States recorded a sharp rise of 23 percent in polished exports
to $821 million for the month, keeping its net polished imports (imports
less exports) flat at $845 million.

Rough imports for July rose 30 percent to $69 million and rough exports
rose 22 percent to $33 million. Net rough imports (imports less exports)
increased 35 percent $35 million.

The net diamond account for the United States in July (net polished plus
net rough) rose 1 percent to $880 million.

For the first seven months of the year, polished imports have risen 7
percent to $10.46 billion and polished exports are up 13 percent to $6.08
billion. Net polished imports were flat at $4.37 billion.

Rough imports for January through July have risen 8 percent to $492
million and rough exports were up 31 percent to $282 million. Net rough
imports fell 13 percent to $207 million.

The net diamond account for January through July declined 1 percent
$4.58 billion