India: Liquidity Concerns Continue

By Rapaport News / July 04, 2019 / www.diamonds.net / Article Link

Cautious sentiment amid ongoing liquidityconcerns and sparse orders. Heavy monsoon rains affecting business, with delaysin delivery and worker arrivals. Fewer foreign buyers in Mumbai. Good demandfor top-make SIs and lower piqu?(C) goods. Manufacturers keeping production 30% to40% below last year's levels.
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