India: Cutters Filling Shortages

Polished market stable, backed by US and Far Eastdemand after Hong Kong show. Low availability of 3 ct. and larger diamonds. Steadyorders for 1 ct., J-L SIs. Dossiers in H-L, VS-SI moving well. Good rough activity,with focus on boxes that yield 0.30 to 1 ct. polished. Consistent manufacturingto fill shortages and satisfy anticipated third-quarter demand.

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