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Latest Analysis
Dealers expect a late season as large US jewelry retailers keep leaner inventories.
The inventory dilemma plaguing the market today is about more than the number of diamonds in the safe.
Rough of 2.50 to 4 carats has been strong for two months, leaving some perplexed amid mixed polished sales.
The world’s largest polished manufacturer has adopted a sales model that mushroomed in popularity during the market downturn.
The show reflected a split diamond market: Demand for long fancies and large round stones was solid amid slow trading in bread-and-butter goods.
From ovals to long cushions, the show was strong for exhibitors with the right loose stones. Yet most goods remain weak as tariffs and synthetics continue to impact the market.
Conflict-diamond watchdog struggles to find new chair.
Diamond trade gathered in New York to discuss marketing, lab-grown diamonds and traceability.
The proposed new definition targets a broader range of armed groups. Member countries would veto anything stronger.
Shipments into the country spiked in March and April as sentiment improved. Manufacturers might be regretting it now.