May 16, 2018

IDI Plans Diamond Auction at JCK, Las Vegas to Enhance Participation of Israel Diamond Pavilion

The Israel Diamond Pavilion at the JCK Las Vegas Show, coordinated by the Israel Diamond Institute (IDI), will feature 34 exhibitors, the organisation announced yesterday.

“The Israeli Diamond Industry will again be among the largest international exhibitors at the JCK Las Vegas show (June 1-4, 2018,) the most important trade show in Israel's number one export market,” IDI said.   

This year, IDI plans to take the participation of the Israeli diamond industry one notch higher. For the first time, it will hold a diamond auction, featuring special stones offered by Israeli exhibitors at very attractive prices.

The goods will be on view at the pavilion and bids accepted from June 1 - 3. Progress on the bidding will be shown on screens located within the pavilion.
The IDI also said that the Israel Diamond Pavilion, located at the heart of the Diamond Plaza, will assign space for a Lounge where refreshments will be served throughout the day. “Get Diamonds, which enables buyers to search for goods among Israeli exhibitors, will have a dedicated terminal at the Lounge,” IDI added. “The popular search engine is also accessible on smartphones.” 

A dedicated website for the JCK show with a map of the Israel Diamond Pavilion, full details about the Israeli exhibitors and the stock they will exhibit at the show will be launched by the IDI and will go live a day before the show opens. 

The United States accounts for about 40% of Israel's polished diamond exports. In 2017, Israel’s net polished diamond exports to the U.S. stood at US$ 1.7 billion, out of a total of US$ 4.5 billion. 

IDI Chairman Boaz Moldawsky said, “We are looking forward to a very good show this year at JCK Las Vegas. There is a growing demand from our U.S. clients and that is very encouraging.  The United States is our largest market for polished diamonds and we are optimistic that we will continue to lead in this market.” 

Pic Cap: Israel Diamond Pavilion at JCK 2017