22 Sep 2019
DiamondWorld Directory
Home |
News
Home
De Beers rough diamond sales decrease by 25%
De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the first sales cycle of 2019
By: Diamond World News Service
|
Jan 31 2019 10:51AM
|
Reference: 16966  

DecreaseIncrease

Rough diamond sales at De Beers for the first cycle fell by 25 per cent indicating a decreasing demand for smaller stones. The company reported that rough sales have decreased to $505 million (R6.87 billion), down from $672m a year earlier. 

Sales from the 10th cylce for 2018 was reported as $544m.

Bruce Cleaver, CEO, De Beers Group, said: “Rough diamond sales during the first sales cycle of 2019 were lower than those for the equivalent period last year, reflecting higher than normal sales in the previous cycle (cycle 10 2018) and the slow movement of lower value rough diamonds through the pipeline.”

Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
Advertisement
M. Suresh234x60
Search News by City
Advertisement
Kosher 23460
Advertisement
HouseAd_Trade Fair
Recent Issue
2019
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
Spotted: Who Wore What (August 2018)
Pictures: 4
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 17809
GJEPC Chairman Interview
Views: 16481
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 23462
Promo for IJ Awards 2012 at NDTV Profit
Views: 36582
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 40124
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 13855
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 38110
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 35779
Advertisement
KGK_Antwepr
Advertisement
M.Tarun
Member of:
Supporter of: