28 Nov 2020
DiamondWorld Directory
Home |
News
Home
De Beers Group Rough Diamond Sales For Cycle 9, 2020
Steady demand for De Beers Group’s rough diamonds continued in the ninth sales cycle of the year
By: Diamond World News Service
|
Nov 19 2020 11:23AM
|
Reference: 25267  

DecreaseIncrease

De Beers Group has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the ninth sales cycle of 2020. Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, De Beers Group has continued to implement a more flexible approach to rough diamond sales during the ninth sales cycle of 2020, with the Sight event extended beyond its normal week- long duration.

As a result, the provisional rough diamond sales figure quoted for Cycle 9 represents the expected sales value for the period 2 November to 16 November and remains subject to adjustment based on final completed sales.

Bruce Cleaver, CEO, De Beers Group, said: “Steady demand for De Beers Group’s rough diamonds continued in the ninth sales cycle of the year, reflecting stable consumer demand for diamond jewellery at the retail level in the US and China, and expectations for reasonable demand to continue throughout the holiday season. However, the resurgence of Covid-19 infections in several consumer markets presents ongoing risks.”

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Advertisement
HouseAd_Trade Fair
Search News by City
Advertisement
Kosher 23460
Advertisement
Kosher 23460
Recent Issue
2020
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
Young Diamantaires
Pictures: 16
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
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 27844
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 2790
GJEPC Chairman Interview
Views: 24584
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 32373
Promo for IJ Awards 2012 at NDTV Profit
Views: 46508
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 58800
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 19034
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 45280
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 43468
Advertisement
Kosher 250300
Member of:
Supporter of: