2019 Silver lining for diamond industry
IDMA feedback to the eighth annual report on the global diamond industry “If we are to preview our industry's future, based on the eighth annual report on the global diamond industry – see the first item below - that was prepared and published by the Antwerp World Diamond Centre (AWDC) and Bain & Company, we can be reasonably optimistic” says IDMA. IDMA derives the related fewer takeaways from this report says, in 2018, the market continued to be volatile and the year's success will be determined by the industry's sales performance during this holiday season; 1: The supply of rough diamonds will remain rather stable in the coming decade but will be chiefly affected by the industry's financial challenges, the total make-up of the global rough production and the continuing uncertainty over the market off take of diamonds i.e. consumer interest in natural diamonds. 2: In our own midstream segment, the diversification of financing sources and the rea...