News: Rising expectations for Las Vegas shows. US demand supporting market despite economic caution. China sluggish but starting to return from Covid-19 lockdown. Polished prices stabilizing amid inventory decline in select categories. 1 ct. RAPI -0.5% in May. Small rough strong; tender prices high as Russian sanctions leave supply gap. Some big cutters buying Alrosa goods. Traders anticipate large De Beers sight next week. Asian Star FY revenue +73% to $570M, profit +47% to $13M. Debswana appoints Andrew Maatla Motsomi managing director. Rapaport to host annual Las Vegas breakfast and Social Responsibility Conference on Sunday, June 12. Register at rapaport.com/jck22. Take the Rapaport survey here.

With less Russian rough available, the industry is experiencing a decline in inventory. But because demand is mixed, only a few categories are seeing real shortages, explains Shimon Gerstensang, the Rapaport Group’s in-house expert on the diamond market.

Fresh off the GemGenève show, the event’s founders join Rapaport’s Avi Krawitz to discuss the trends they saw there.

How can technology help stores carry out marketing, handle consumer data and protect against cyberattacks? Industry professionals explain in this in-depth report sponsored by RDI Diamonds.