India: Market Still Not Fully Operational

By Rapaport News / November 07, 2019 / www.diamonds.net / Article Link

Mumbai market still not fully operational asdealers return from Diwali vacation. Surat factories closed for another week ortwo.Dealers focused on filling US orders and select demand from China.Shortage of top-quality SIs due to reduced manufacturing. Cutters hoping forbetter profit margins after Diwali break following De Beers rough price cuts.
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