Positive Industry Update
Sentiment is improving with rising expectations for an important, upcoming Hong Kong show. Suppliers are hoping polished prices with catch up to rough prices, enabling a return of profits in the diamond manufacturing sector. Steady prices are expected at next weeks De Beers sight.
The demand for fancy shape diamonds are improving slightly with shortages of fine quality for large Pear and Ovals. Cushions are making a comeback and emeralds are selling better than princesses.