De Beers Raises Rough Prices Again

De Beers sold $550 million worth of goods at its May sales cycle as strong consumer demand boosted the rough-diamond market.

The miner raised prices for the third consecutive sight amid the strong demand, with the emphasis on larger categories, sources told Rapaport News. De Beers made certain price changes by adjusting the way it sorts stones into boxes, a rough-diamond broker noted.

“We saw robust demand for De Beers’ rough diamonds, reflecting continued strong demand for diamond jewelry, especially from American consumers.

 

BRON: Rapaport 22-5-2018