trending Market Intelligence /marketintelligence/en/news-insights/trending/8luf4s_oj2grmdhgr_4meg2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Smaller stones left out as diamond prices recover

Municipal-Run Fiber Tops 280000 Subscribers In 2018

The Essential Conference 2019 Highlight Reel

Mobile Payment Apps Driving Fintech Frenzy In India

Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next


Smaller stones left out as diamond prices recover

While the overall diamond market is recovering after De Beers SA and PJSC ALROSA cut supply in 2015, the smallest and the lowest-quality gems were left behind, Bloomberg News reported Sept. 28.

The prices of the smallest diamonds were down 15% this year, compared with a 7% rise for all stones.

Petra Diamonds Ltd. CEO Johan Dippenaar partly blamed the price slump for gems smaller than 0.75 carat to a hangover of producer stockpiling, which left a "hefty supply" to sell in the first half.

Meanwhile, consultant Gemdax said manufacturers preferred bigger, higher-quality stones that can be bought and sold faster.

The rise of man-made diamonds also threatens cheaper stones the most, according to the report.

Among small diamonds, fine quality gems outperformed the so-called commercial stones.