Rapaport Intelligence Report: The Brand Divide
Luxury groups are reporting strong sales at their jewelry maisons. Why isn’t the diamond trade reaping the rewards?
Latest Rough
Company recovers type IIb stone from stockpile material.
Guidelines require producers to offer reasonable prices and assortments.
Some 60% of goods on offer sell, with strongest bidding for bigger sizes and higher qualities.
Koin, TAGS postpone rough tenders in Emirati city.
Move reflects intense shortage of 5-carat-plus rough at February sight.
Sightholders say new system makes rough less commoditized.
Miner moves 2-carat goods out of beneficiation ranges.
Dealers believe Anglo American’s sale process is dictating policy.
Miner cites “challenging environment” for diamond industry.
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