De Beers said rough diamond sales at its sixth Sight of 2023 fell 36% year on year to $410 million due to the cautious approach taken by the midstream sector amid prevailing macroeconomic challenges.
The rough diamond sales at its fifth Sight in 2023 recorded a total value of $456 million, while the sales for the sixth sight in 2022 amounted to $638 million.
Al Cook, CEO, De Beers Group, said: “In line with seasonal trends, rough diamond sales continued at a lower level during the sixth sales cycle of the year. Participants in the diamond industry’s midstream sector continue to take a cautious approach to purchases in light of ongoing macroeconomic challenges.
For more Updates Do follow us on Social Media
Facebook Page https://bit.ly/3blw5Rg
Instagram https://bit.ly/3MsRHbP
YouTube https://bit.ly/3LjGj2L
Twitter https://bit.ly/3E9IO5U
Linkedin https://bit.ly/3M17Xlk
WhatsApp Group https://bit.ly/JEWELBUZZ
Comentarios