Diamond Markets Return Cautiously

RAPAPORT PRESS RELEASE, June 2, 2020, Las Vegas... Diamond trading is starting to regain traction in Hong Kong with some demand from China. Hong Kong is mostly open for business, but concerns are mounting about renewed protests following new Chinese security laws. New York's 47th Street remains closed as other parts of the US slowly begin to open. US riots over police brutality are also creating concern. India is partially active again, while bourses in Belgium and Israel are operating under health and safety guidelines.Polished prices were stable in May amid minimal trading; business was limited to online platforms. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds rose 0.2% during the month, but has dropped 8.3% since the beginning of the year. RapNet Diamond Index (RAPI?,,?)

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