DiamondBuzz
International Diamond Premier League to be held in Hong Kong
Designed as a community-building initiative, IDPL uses cricket to connect major natural diamond hubs on a single platform.
The third edition of the International Diamond Premier League (IDPL), a cricket tournament created for the global natural diamond community, will be held in Hong Kong from 19 to 22 March 2026.
Following its earlier editions in Belgium and India, IDPL 3.0 will bring together leading diamantaires and industry partners from Belgium, India, and Hong Kong for four days of competitive cricket and networking.
The Grand Opening Ceremony is scheduled for 22 March 2026 at 11:00 AM at the Tin Kwong Road Recreation Ground, and will be attended by industry leaders, dignitaries and invited guests.
Designed as a community-building initiative, IDPL uses cricket to connect major natural diamond hubs on a single platform. By bringing together teams from India, Belgium and Hong Kong, the league highlights the shared interests of manufacturing, trading and retail centers that drive the natural diamond pipeline.
The Hong Kong edition aims to strengthen collaboration among diamantaires, manufacturers, retailers and service providers across continents, while also promoting confidence in natural diamonds by emphasizing their rarity, craftsmanship and enduring emotional value. The event also underscores Hong Kong’s position as a strategic bridge between East and West for the diamond and jewellery trade.
Through its matches and associated activities, IDPL 3.0 places the spotlight on natural diamonds and the people behind the industry—from cutting and polishing specialists to high jewellery houses and secure logistics providers—demonstrating a collective commitment to integrity, excellence and long-term growth for the natural diamond sector.
SimStar Asia Limited, part of the Sim Gems Group and a Hong Kong-based manufacturer and supplier of high-end natural diamonds, is the Title Sponsor, while Lamha Gems Limited joins as Diamond Sponsor supporting the league’s mission to bring international diamantaires together.
Among the other partners, Ferrari Group, a global specialist in secure logistics for jewellery, luxury goods and precious metals, is the Platinum Sponsor, while Malca-Amit Group of Companies, known for secured delivery, vaulting and trade-show logistics for the diamond and jewellery trade, is the Gold Sponsor. Hong Kong-based high jewellery house Dehres will support the initiative as the Silver Sponsor, reinforcing its commitment to the natural diamond trade.
Team sponsorship also reflects the industry’s global participation. Anita Diamonds, represented by Chirag Shah, is sponsoring the Belgium team, showcasing the dynamism of Antwerp’s diamond community. Meanwhile, H S Jogani, led by Ronak Jogani, is sponsoring the India team, highlighting India’s longstanding leadership in diamond cutting, polishing and trading.
DiamondBuzz
Diamond Market Shows Resilience As Large Stones And Fancy Shapes Drive Demand
Global Sector Reports Stable Fundamentals Ahead Of Key Industry Events
The global diamond sector is maintaining overall stability, with notable strength emerging in large, high-quality stones and fancy elongated shapes, according to the latest trade intelligence.
Diamonds in the 7–9.99 carat range are experiencing robust demand, while 10-carat-and-larger sizes — particularly D-Flawless rounds — continue to sell briskly. Smaller round stones in the 0.30–0.89 carat range are also showing signs of stabilization after a period of softness.
The Bharat Diamond Bourse in Mumbai is anticipating a market recovery following a temporary Iran ceasefire, with optimism returning among regional traders. However, manufacturers are adopting a wait-and-see approach ahead of next week’s De Beers Sight April 27–30, with a modest allocation widely projected. Indian factories are preparing for May summer closures, leading to a deferral in rough buying activity.
On the supply side, Angola has forecast an 8% increase in rough diamond production for 2025, projecting output of 15.2 million carats — a development expected to support broader market supply.
Fancy elongated shapes — including ovals, marquises, and emeralds — are outperforming rounds in the 2-carat-and-larger segment. High-quality marquises are commanding the highest premiums in the market, with long radiants and long cushions also facing notable supply constraints. In India, 2-carat-plus sizes are advancing, supported by sustained U.S. demand and rough shortages that are providing upward price support for polished stones.
Israel’s market is observing a temporary pause in activity due to Memorial Day and Independence Day observances. In the United States, the National Retail Federation projects $7.5 billion in Mother’s Day jewelry sales on May 10.
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