India: Demand Slow and Liquidity Tight

By Rapaport News / February 20, 2020 / www.diamonds.net / Article Link

Sentiment low owing to tight liquidity and slow polished demand. Buyers seeking discounts and looking for desperate sellers. Dealers maintaining weak 1H outlook, with concerns Chinese jewelers will return large volume of unsold goods. US supporting the market and showing steady interest in 1 ct., G-J, VS2-I1 diamonds. IIJS Signature fair signals shift to lighter-weight wedding jewelry due to high gold prices and weak economy.
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