India: Domestic Market Cautious Before IIJS

By Rapaport News / August 02, 2018 / www.diamonds.net / Article Link

Some improvement asother trading centers take vacation. Buyers from China, Belgium, Israel and USin Mumbai looking for goods. Low expectations for next week's IIJS show (August9 to 13), amid stagnant domestic demand due to weaker rupee. Manufacturingmargins squeezed after rough prices rise 4% in first half, while polishedsoftened during July quiet. Rough trading slows after De Beers sight.
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