DeBeers Cycle 4 said: uncertain road ahead!
Second wave of Covid-19 in India Lower rough diamond demand! Robust demand for diamond Jewellery in the key US and China! Jewellery Market Bureau: De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the fourth sales cycle of 2021. Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, De Beers Group has continued to implement a more flexible approach to rough diamond sales during the fourth sales cycle of 2021, with the Sight event extended beyond its normal week-long duration. As a result, the provisional rough diamond sales figure quoted for Cycle 4 represents the expected sales value for the period 3 May to 18 May and remains subject to adjustment based on final completed sales. Bruce Cleaver, CEO, De Beers Group, said: “We continue to see robus