Prices for rough diamonds in the secondary market will again grow again in the near future, as De Beers raised its prices for its diamonds by 3-4% within the recently completed third site, the Times of India reports.
According to some sources, the estimated value of De Beers' third site in 2014 was $ 700 million, with prices rising by 3-4%. However, the trade in rough diamonds in the secondary market subsequently slowed, forcing traders to reduce premiums on goods.
The DTC sightholders said that there is a strong demand for diamonds and the mood on the market remains positive. The reason for such a strong market confidence can be called quite a successful trade in the first quarter and, in particular, in March this year, as well as the positive results of the Hong Kong International Jewelry Fair and Fair in Basel.