India's diamond market remains strong in the first two months of 2024.
China's diamond demand continues to be weak, impacting overall sales.
Sales of SI-clarity diamonds have been uneven, reflecting selective consumer interest.
The first two months of this year have been better for the diamond industry than 2023 was. But the market has been mixed, with India strong, China weak, and the US patchy. Not all types of diamonds have been selling well. Rapaport Senior Analyst Joshua Freedman presents two positive trends and two negative trends from January and February.
The Ups and Downs of 2024 So Far
The first two months of this year have been better for the diamond industry than 2023 was. But the market has been mixed, with India strong, China weak, and the US patchy. Not all types of diamonds have been selling well. Rapaport Senior Analyst Joshua Freedman presents two positive trends and two negative trends from January and February.
The Ups and Downs of 2024 So Far
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