, ,

Diamond market seasonally quiet as US dealers
take vacation. Cutters under pressure as rough prices firm in 1H, while
polished prices continue to soften. June RAPI for 1 ct. -0.8%, 0.30 ct. -1.5%,
0.50 ct. -3%, 3 ct. -1%. Polished inventory rising, with dealers expecting a slow
summer period. Indian government reform favoring large jewelers as new GST tax
system takes effect. Titan Company pr…

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