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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The Tacy Diamond Pipeline, which has provided an independent and unbiased view of the diamond pipeline since 1989 and serves as a guidepost and benchmark of industry value addition, will henceforth be published by India-based Pharos Beam Consulting LLP, a consulting company focussed on the diamond industry.

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