Rapaport Press Release: Diamond Prices Weak in Sluggish Market
Exhibitors in the loose-diamond section of JCK Las Vegas were cautious, as buyers pushed hard on prices.
- Exhibitors in the loose-diamond section of JCK Las Vegas were cautious, as buyers pushed hard on prices.
- Demand was steady for round, 1- to 2-carat, G to J, SI diamonds.
- This helped address a mismatch with polished prices, but sightholders still struggled to profit.
- Anglo American announced it would divest or de-merge De Beers, raising concerns that a new owner might not protect the stability of prices and midstream inventory.