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
De Beers: Challenging Midstream Environment Hits H1 Earnings

De Beers reported a 17% decline in total revenue to $2.6 billion for the first half of 2019 that ended June 30th 2019, with rough diamond sales declining by 21% year-on-year to $2.3 billion.