De Beers is maintaining supply flexibility at next week’s sight, while Alrosa has told customers it will maintain rough-price levels, sources said this week. This indicates that neither miner plans to flood the market with goods.
The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices.