India: Chinese New Year Offering Some Optimism

By Rapaport News / January 23, 2020 / www.diamonds.net / Article Link

Polished slower than usual for this time of year. Dealers worried about repeat of 2019 diamond glut as they anticipate influx of rough following large De Beers and Alrosa January sales. Chinese New Year offering some optimism for suppliers. Local Indian jewelry market weak amid tight liquidity and high gold prices.
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