Sunday, April 22, 2018

According to some reports, the De Beers group earned $ 730 million from the sale of diamonds on the second site of 2014, which ended last week in Botswana.
The Idex Online portal quoted a statement by David Johnson, head of the De Beers department for communications with manufacturing companies, that a saggy mood prevailed among sightholders, which determined a healthy demand for rough diamonds.
"We see that the market is developing in the right direction," Johnson said. - After good sales during the Christmas season and during the Chinese New Year, the stocks of diamonds fell slightly. We expect this year to be a year of stable growth. Prices for diamonds do not grow at a faster pace, but they are slowly rising. "
Johnson also noted the "distribution of demand among a wide range of products," including raw material categories that had not previously been successful, and reported fewer product and refund returns compared to the last months of 2013.
"It's nice to see a rise in diamond prices and a healthy demand from end consumers," Johnson said.
Idex Online also quotes Mike Aggett, Managing Director of brokerage Goldie, that sales at the February website are likely to be similar to the previous site, which is valued at $ 730 million.

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