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.
View Attached File
View Archives

On reading about the Lightbox launch by De Beers, we’ll admit, the first thought that popped in our heads was: “Wonder what Chaim would have had to say about it?!” And so we tried reaching out to the now reclusive industry pundit, who was busy enjoying his retirement. But great journalists don’t retire.