Argyle, Australia, Consumer Advice, Diamond, Diamonds, Handmade, Pink Diamond, Price, Prices, Rough, Workshop, pink Diamonds
Sat, August 27, 2011 at 10:46 PM A sharp decline in rough prices at BHP Billiton’s August spot tender sent jitters through the market. Traders said overall prices fell by around 20% over the previous month. Premiums on DTC boxes in the secondary market also dropped. DTC raised prices in some areas through assortment changes during the sight, which was estimated at around $800 million. Most traders agreed a correction was necessary. “Premiums were too high and rough was going up too fast,” said one trader. “There are people that probably have a cash issue and are hitting the panic button,” he said. Many however are expecting DTC to sell less following this months’ large sight. “The next three sights will be smaller,” said a market player. “The DTC sold over $5 billion so far, for the full year we are expecting around $7 billion.” Polished Prices 27.8.11
Consumer Advice, Diamond, Diamonds, Prices, Rough
Thu, August 25, 2011 at 9:16 AM Originally serving as a link between De Beers and diamond manufacturers aiming to become sightholders, the role of the large diamond brokers has expanded considerably in the past decade.
Consumer Advice, Diamonds, Rough
Mon, August 15, 2011 at 8:33 PM DIAMOND MARKET OVERVIEW
Market sentiment has turned more cautious. With the global economic uncertainties gripping financial markets, the Swiss franc’s strength causing real concerns in the watch industry, which is a major buyer of small, better quality diamonds, and a real possibility of a double dip recession in the US,
Consumer Advice, Diamonds, Rough, Trends
Fri, August 5, 2011 at 1:51 PM Rising rough diamond prices were not enough to keep Rio Tinto's diamond operations profitable. Lower production and increased costs eroded Rio Tinto Diamond's bottom line in the first half of 2011.
