Diamond Trading Quiet Amid Tight Profits

RAPAPORT PRESS RELEASE, August 6, 2019, Las Vegas ... Diamond-market sentiment was weak in July due to tight profits and liquidity. The pressures facing cutters and dealers resulted from high rough supply at inflated prices during 2017 and 2018, even as polished prices were softening.The RapNet Diamond Index (RAPI?,,?) for 1-carat polished fell 0.9% during the month. The index was down 4% since the beginning of the year and 6.1% over the past 12 months. RapNet Diamond Index (RAPI?,,?)

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