25 Aug 2019
DiamondWorld Directory
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Sluggish Mood
Market Pulse
By: Diamond World News Service
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Jan 3 2015 4:32PM
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Reference: 11007  

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Israel
The Israel market is feeling the liquidity crunch and the atmosphere is such that only cash-rich companies will survive. The market is sluggish for most as the volume of business is plummeting. The gap between the rough and polished goods is crunching the profit margins. The fancy-coloured diamonds are moving well. The diamantaires are now focusing more on value-added services for their clients as that what is going to be the differentiating factor in this tough market place. The fancy shapes are moving well, especially emerald cut, ovals and princess cut. All hopes are pinned on the recovering U.S. market as that is the driving force for the global diamond industry. The polished diamonds prices are expected to stabilise after January 2015.

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