Positive Diamond Industry Update

%Jeweler NYC %NYC Wholesale DiamondsPositive sentiment as US and Belgium markets close for Christmas.  Dealers now focused on Chinese New Year demand.  Trade optimistic for 2018, with expectations for global economic growth as US passes most drastic tax overhaul in 30 years.  Cutters concerned about tight profit margins ahead of anticipated 1Q rise in rough prices.  Graff buys 476 ct Sierra Leone Meya Prosperity rough diamond for 16.5M.  India’s November polished exports +50% to 1.8B

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