India: Manufacturers Remain Cautious

By Rapaport News / January 17, 2019 / www.diamonds.net / Article Link

Activity slower than usual for January. Dealersfocused on China and Hong Kong for Chinese New Year period. Domestic demandsteady as jewelers push bridal during ongoing wedding season. Manufacturersremain cautious due to tight profit margins, with factories operating belowcapacity since Diwali. Suppliers holding stock in preparation for Hong Kongshow.
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