World diamond giant De Beers raised about $ 550 million during the November site.
Rapaport reports with reference to unnamed sightholders that, despite a number of changes in the price and range, some categories of stones have proved unprofitable for cutting.
"The mood on the site was not positive, because the prices for diamonds did not stabilize, and the event itself took place shortly after the Diwali holiday, when the border enterprises just started to resume work," the Indian sightholder said.
This year the Diwali holiday was on October 23rd.
According to Rapaport, some sightholders were dissatisfied with the fact that De Beers, despite the continuing decline in prices for diamonds, as a whole did not reduce prices for the products presented on the site.
According to sightholders and brokers, on the site, as in October, there were cases of refusal of purchase. During the event, the goods that were not planned for sale were also sold.
In turn, the director of communications De Beers with diamond-processing companies David Johnson (David Johnson) said that the November site in terms of prices and assortments was similar to October.
"The third quarter and the beginning of the fourth can be somewhat difficult for the industry due to the historically slowed down business cycle period caused by the decline in sales for the holidays," he explained. "In addition, for this period there are a number of religious holidays that slow the industry ".
According to Johnson, De Beers did not significantly adjust prices for rough stones, as the company believes that the season of Christmas sales in the fourth quarter in terms of sales in the consumer market will be successful.