De Beers' third sales cycle provisional rough diamond sales decreased 18% .

De Beers' third sales cycle of provisional rough diamond sales decreased by 18% to $445m from $542m in the same period last year. Diamond purchases remain cautious due to economic uncertainty, particularly in China. Despite the decline, cycle three sales were up 3.2% from $431m in the second cycle of 2024. CEO Al Cook noted the global rough diamond market's gradual recovery.

April 17, 2024
6 Articles

Further Reading