Even tough Belgium eased its rough diamond imports in August, imports still far exceeded demand, resulting in many of the goods remaining in the trading center in August.

Belgium's gross rough diamond imports stood at 7.3 million carats worth $1.21 billion in August, based on figures released Tuesday by the AWDC.

Exports, were only about half of that, 3.6 million carats worth $655.6 million.

The slump comes as traders were returning from their vacations, facing a large uncertainty from large Indian buyers.