Tzoffeys 1818, a pioneer in rough tenders headquartered within the Israel Diamond Exchange (IDE), will be offering a mix of commercial goods and exceptional rough stones at its tender next week. The tender will be held as part of the Israel Diamond Exchange’s 3rd International Rough Diamond Week scheduled for May 22 to 26.

In addition to Tzoffeys, De Beers, Rio Tinto and Alrosa will hold tenders during the event. Other prominent rough importers will exhibit within an open sales area.

Tzoffeys, which has conducted six previous tenders during the past two years, will be offering goods that are focused to match market demand. These include commercial-quality goods from Angola of 5 to 10 carats; stones of 20 to 30 carats in D, E and F colours; a 50-carat stone of “very high clarity;” a 4.47-carat blue stone and a 12.09-carat grey-blue diamond; and pink and red rough diamonds of 1 carat each.

Shai Schnitzer, chairman of the International Rough Diamond Week, said the organisers were looking forward to a very active event. “There are several hundred participants registered. We are confident that the tenders will be successful and will enable us to expand the event even further,” Schnitzer said.

IDE President Yoram Dvash said his goal was to boost Israel’s position as a rough trading hub. “Today, we are an important rough trading centre, which can be seen by the important tenders that are held here. We are seeking to augment this trade by attracting a greater number of rough diamond tenders to be held at the Israel Diamond Exchange,” Dvash said.

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