India: Normality Returning After Diwali Break

By Rapaport News / November 14, 2019 / www.diamonds.net / Article Link

Mumbai trading back tonormal after Diwali break. Israeli and Korean buyers looking for SI and I1goods. Surat cutters to resume operations on Nov. 18. Manufacturers resistingpressure to reduce polished prices after rough declines. Volatile rupee (INR72/$1) adding to market uncertainty. Jewelers expecting sales to pick up duringupcoming wedding season.
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