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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International Gemological Institute (IGI) hosted its seventh National Buyer-Seller Knowledge Meet, D’Show, a gathering of India’s leading jewellery manufacturers and retailers under one roof, at the Goa Marriott Resort & Spa, Panjim. The event enabled over 2,000 meetings between participating manufacturers and buyers in a span of four days. The show has a one-to-one meeting format enabling manufacturers to showcase their designs in a private setting.
Talking about the IGI D’Show, Tehmasp Printer, managing director, IGI, India, stated, “This was the D’Show’s 7th