Polished Prices Slide Amid Coronavirus Fears

RAPAPORT PRESS RELEASE, March 3, 2020, Las Vegas... Diamond trading declined sharply in February due to economic uncertainty surrounding the coronavirus. Manufacturers and dealers are facing a severe liquidity crunch as sales to China and Hong Kong have stopped.Diamond prices dropped as a result of the slowdown, with the RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds down 1.6% in February. RAPI for 0.30-carat goods, a popular category in the Chinese market, fell 2.1%. RapNet Diamond Index (RAPI?,,?)

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