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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The second edition of Couture India, a trade-only jewellery exhibition, was declared a resounding success with more than 1,000 trade visitors in attendance. Held from September 9th to 11th at Taj Palace in New Delhi, the show featured 57 of India’s top jewellery exhibitors.