Strong Sales at Hong Kong Jewelry Show
March 10, 10Some 2,600 exhibitors and tens of thousands of visitors flocked to the Hong Kong Convention and Exhibition Centre. Traffic was heavy on the show’s first day, but dwindled in the days that followed.
That however, did not prevent what a few exhibitors described as a rush for goods, such as loose diamonds as well as jewelry. Many described business at the trade show as “excellent. “
One exhibitor specializing in larger diamonds reported strong demand for 1-3 carat round goods in SI+ clarities, HIJK colors. Buyers were willing to pay the prices, given that the loose are triple excellent makes with no fluoresces.
Larger diamonds, above 4 carats, were in lesser demand.
Buyers, according to a number of exhibitors, closed their deals quickly, with the intention of locking in prices before they continued to rise. That theme repeated itself with jewelry sales people too.
Jewelry buyers, especially from
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One point of contention was related to design innovation. Jewelry makers may have wanted to play it safe, and ultimately did not offer a wide array of new or exciting designs, according to some complaints.