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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Young Consumers Driving Diamond Jewellery Demand: De Beers

Move aside Baby Boomers and Generation X. The Millennials and Gen Z now hold the power to shape the diamond industry’s future. And the future looks bright with more than 60% of global diamond jewellery demand in 2017 coming from the younger generation (those aged 39 and below), according to
De Beers’ latest Diamond Insight Report.