India: Polished Sector Cautious

Polished market slow, with few foreign buyers.Local dealers cautious due to weaker currency, tighter bank lending, and recenthike of import duty. Buyers focused on SI- to I1-clarity goods. Fancy shapesslow. Small manufacturers not buying rough, and reducing polishedproduction ahead of Diwali break, which begins November 7.

Round Recent News Geopolitical risk outlook unclear after US election January 06, 2025 / www.canadianminingreport.com Low valuations offer a cushion to mining sector January 06, 2025 / www.canadianminingreport.com Polarized gold and iron ore moves, moderate aluminum and copper gains December 30, 2024 / www.canadianminingreport.com Large TSXV stocks strong on company specific drivers December 30, 2024 / www.canadianminingreport.com Canadian political turmoil with Trump trade policy the catalyst December 23, 2024 / www.canadianminingreport.com See all > × Get Listed Get Listed × Login E-Mail Address Password Remember Me Login Forgot Your Password? Register Share to Youtube Share to Facebook Share to Linkedin Share to Twitter Share to Tiktok