Rough price correction
Rough diamond prices are expected to soften in January with a high level of refusals anticipated at next week’s De Beers and ALROSA sales.
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Sightholders reject goods at $600M De Beers sight
De Beers December sight closed with an estimated value of $600 million. Minor adjustments to prices and assortment qualities were reported in different categories, but no significant changes were noted.
Sight report, december 2014
With the box deferrals from last month being taken up in December, the Sight is estimated to be around $630m.
De Beers november sight estimated at $550M
De Beers November sight closed with an estimated value of $550 million. Minor adjustments to prices and assortments were reported in different categories.
Sight report, November 2014
The Sight was estimated to be in the region of $560m and included a range of Ex Plan allocations.
De Beers october sight estimated at $460M
De Beers October sight closed with an estimated value of $460 million. The company reportedly lowered prices for several different categories of goods between 2 percent and 4 percent.
Sight report, October 2014
Total goods sold this month are believed to be in the region $465m, which included a range of Ex Plan material.
De Beers august sight estimated at $715M
Rough trading slows amid liquidity concerns. The De Beers August sight closed last week with an estimated value of $715 million as the company maintained steady prices despite liquidity concerns in the diamond manufacturing sector.
De Beers june sight estimated at $640M
The De Beers June sight closed with an estimated value of $640 million as demand for rough diamonds remained firm.
De Beers may sight estimated at $560M
The De Beers May sight closed with an estimated value of $560 million as the rough diamond market remains steady. Sightholders reported that prices on some boxes were adjusted slightly; however, on average, prices and assortments were basically unchanged.
De Beers sight estimated at $700M
Prices rise, premiums drop and liquidity tightens. De Beers sight number 3 closed with an estimated value of $700 million after the mining company raised its rough diamond prices by 3 percent to 4 percent.
De Beers prices stable at $650M feb. sight
De Beers kept its prices basically stable as the February sight closed with an estimated value of $650 million.