Rough Diamond Price Rising
For small and medium diamantaires in world’s biggest diamond cutting and polishing centre in Surat, there is little hope of recovery in the market until 2018.
Diamantaires in the world’s diamond hub, who are facing severe liquidity crisis due to weak rupee and skyrocketing rough diamond prices, have received a setback after a report by the Antwerp World Diamond Centre (AWDC) and the Bain and Company predicted major price increase for rough diamonds for the next five years till 2018.
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