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Market hoping next week’s Spring Festival will signal renewed
growth in the Chinese jewelry market. Diamond manufacturing increasing despite
sluggish U.S. post-holiday demand. Profit margins under pressure as rough
prices rise at larger-than-expected $720M De Beers sight. Miners anticipate
strong rough market in 2017. ALROSA plans 2017 production +6% to 39.2M cts.
Petra Diamonds 1H sales +48%…

from Rapaport – News http://ift.tt/2jj5WBR