ADK Plans 'Rough Diamond Days' Trading Event for Feb. 25 & 26
The Antwerpsche Diamantkring (ADK) will host "Rough Diamond Days" on February 25 and 26 in the trading hall. The event is open to all members of the World Federation of Diamond Bourses (WFDB).
When ADK held its first Rough Diamond Days trading event in November, "it was a great opportunity to place the Kring in the spotlight," according to ADK's president, Freddy Inzlicht. "The floor was teeming with traders showing goods and concluding deals. With close to 2,000 diamond companies active in Antwerp's diamond quarter, this sort of event offers rough traders, manufacturers and dealers a great platform to meet, network, renew ties, make new contacts and do business effectively."
Inzlicht noted that the Kring's initiative is an integral part of Antwerp's global marketing efforts. "Antwerp is the beating heart of the world's rough and polished diamond trade. Annually, some 80 percent of the global rough diamond production is traded and sold in Antwerp. However, these are challenging times and to remain at the top we need to increase our promotional and marketing efforts, which is why we encourage all members of WFDB affiliated bourses to join us on February 25 and 26, here in Antwerp," he said.
LOM Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
