FORTNIGHTLY MARKET REPORT
Mumbai Market Has Eye on Hong Kong Show - There are many overseas and domestic buyers in the market and there is a clear demand for goods, but transactions have been slowed considerably due to the differences in asking and offering prices. The 5-7% increase in the price of rough diamonds at the February De Beers Diamond Trading Company (DTC) sight is the main factor in sellers’ insistence on higher polished prices.
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Jean-Marc Lieberherr: India’s Diamond Consumption Potential Is Huge

JEAN-MARC LIEBERHERR, chief executive officer of the Diamond Producers Association (DPA), tells Solitaire about the India launch of the ‘Real is Rare’ promotion that will attempt to bring the shine back to diamond jewellery sales. The campaign, which is slated to run from November 2017 till January 2018, aims to help diamonds reinforce their emotional symbolism as the ultimate expression of love and commitment.

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