De Beers data confirms diamonds having one of their worst years
Demand for rough diamonds continues to plunge, with the crisis largely stemming from an oversupply of polished gems
03 October 2019 - 13:40
The latest sales data from De Beers reinforces why this is one of the worst years for the diamond industry in a long time.
The Anglo American subsidiary reported sales on Thursday that show demand for rough diamonds is continuing to plunge as polishers and traders refuse to buy stones when they can’t make a profit...
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