CEO Dan Mano explains why RapNet became Rapaport Trade – and how the Price List will become truly transparent.
Category: Rough
March tender saw 12.5% increase compared with December.
Revenue down at second sight of the year.
Manufacturers are split on whether small diamonds deserved such a sharp increase.
Stones that produce melee see second consecutive hike.
Demand slowed in fourth quarter as midstream inventories grew.
Miner garners $450 million in January cycle.
Smaller goods see increases, reflecting market split.
Miner finds 41 rough stones, including two specials weighing 15.27 and 12.37 carats.
Customers “taking prudent approach,” miner says.