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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One, Two, (Or) Three, What Are We Fighting For?

Neither the upstream, nor the midstream industry’s efforts in generic diamond promotion seem to have led to tangible, quantifiable and increased sales numbers that these parties and, of course, the retail sector, were hoping for.

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