Challenging Diamond Market Sees Further Declines

RAPAPORT PRESS RELEASE, July 2, 2019, Las Vegas ... Diamond market sentiment was weak in June due to sluggish demand and tightening manufacturing profits. Suppliers are reducing prices to raise liquidity, as they're under pressure from banks to repay their loans. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds fell 1.4% during the month and 3.1% in the first half of the year. The index is down 5.6% from a year ago. RapNet Diamond Index (RAPI?,,?)

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