Hi guys,
am new on the forum & if am posting in the wrong place, my apologies.
I am based in Africa & i keep receiving conflicting information regarding diamond prices.
Word is that due to the global depression, prices have dropped dramatically due to lack of demand.
However, that information is not tallying up with the cut prices. I do know that vendors had stock which they bought at higher prices but i read a report that said cut prices increased by 9% last year (200
meaning rough prices should also have gone up.
Its a tad confusing.
Your input will be highly appreciated.
Regards,
Tk
am new on the forum & if am posting in the wrong place, my apologies.
I am based in Africa & i keep receiving conflicting information regarding diamond prices.
Word is that due to the global depression, prices have dropped dramatically due to lack of demand.
However, that information is not tallying up with the cut prices. I do know that vendors had stock which they bought at higher prices but i read a report that said cut prices increased by 9% last year (200
meaning rough prices should also have gone up.Its a tad confusing.
Your input will be highly appreciated.
Regards,
Tk
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