RAPAPORT. De Beers has increased rough-diamond prices by an average of around 4% to 5% at this week’s sight as momentum in the market continues.
The changes focused on rough above 1 carat, with prices of smaller diamonds stable, market insiders told Rapaport News. The hikes were around.
RAPAPORT. De Beers’ rough-diamond sales soared to $650 million in January, its highest for any month since 2018, as manufacturers replenished inventory following the holiday season.The total was 18% more than the $551 million the miner garnered a year earlier, and 44% above the $452.
RAPAPORT. The two largest diamond miners increased prices at this week’s rough sales as demand improved due to post-holiday restocking and strong trading ahead of the Chinese New Year.De Beers raised prices by an average of 4% to 5% at its first sight of 2021, while Alrosa’s increases were.
De Beers has reduced its sightholder list in a revamp of its supply system, with more goods expected to go to pure-play manufacturers, especially those with Africa-based factories.The new list features fewer diamond dealers than before, as De Beers wants as many clients as possible to be adding.