Did De Beers Give Some Sightholders Special Prices? 

Rumored discounts reflect diamond market’s difficult situation.
Employee holding a rough diamond at De Beers’ premises in Kimberley, South Africa image

Speculation has been building over the past month and a half that De Beers had been offering discounts to selected sightholders since early this year. It was unclear how many of them were getting these special prices, what the terms were, and whether this was substantially different from past practices.

Sources that spoke to Rapaport News in recent days believed it started off as a very small number of clients getting reductions of around 10% to 20% for 4- to 6-grainer (1- to 1.5-carat) and 2- to 4-carat rough…

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Did De Beers Give Some Sightholders Special Prices? 

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