Tuesday, December 19, 2017

According to De Beers, the rough prices in the fourth quarter of last year will be restored in the second quarter of 2015.
De Beers CEO Philippe Mellier told BusinessDay that last year diamond prices rose by 7%, but could not give any forecasts for 2015.
"The prices for diamonds definitely have the potential for growth this year, but it is too early to talk about anything concrete," said Meglier.
He noted that at the end of the year there was a good demand in the US.
"We are also optimistic about the Chinese New Year, and if it is successful, we will see an increase in demand, and as prices rise, the figures will also grow," added De Beers CEO. "There is definitely demand. 2014, its growth was about 4% compared to the previous year.We are not talking about a drop in demand, its growth in the market will eventually be 3-4% in 2015, exactly what we want to achieve. "
In 2014, De Beers diamond mining increased by 5% to 32.6 million carats, compared with 31.2 million carats a year earlier.

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