Demand for polished diamonds expected to rise

With the financial and real estate markets recovering in US, the largest diamond jewelry market, diamond miner De Beers is expecting a rise of up to 4.5% in polished diamond demand, Agence France-Presse reported.


Mellier said that more liquidity in US coupled with ever-increasing number of Chinese with diamond buying power will help pick up the demand for polished diamonds. Interestingly, China together with Hong Kong and Macau is the second largest diamond consumer and constitutes 13% of global demand.



Source: “De Beers calls for 4.5% rises in polished diamond demand”, Rapaport, Diamonds.Net



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