Rough report: goods remain on the table at Alrosa and DTC sights
The Alrosa Sight marked the beginning of the new contract period and included several new Sightholders.
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Rough prices: what is the outlook for 2015?
As 2015 gets underway, all eyes are turned to the gem producers. After an extraordinary and difficult year in 2014 for all the players in the industry, except for rough suppliers, everyone is hoping for great things from 2015. So, will rough prices fall in 2015?
Rough price correction – part 2
The rough diamond price cuts by De Beers at last week’s January sight were not far reaching enough. The mining company reduced prices by an average 4 percent,
Alrosa 2014 production reaches 36.21 million carats
Alrosa announced, Thursday, January the 29th, that production in its fourth quarter increased 8 percent over the previous quarter, to reach 10.56 million carats.
“Being a sightholder is a fool’s errand”
By all accounts, the mood at this week’s De Beers sight in Botswana was grim, particularly for January—traditionally an upbeat meeting.
Sight report, January 2015
The “Diamond Rush” that has for so many years been both a feature, and integral part of the rough diamond cycle has been distinctly lacking in 2015, making it one of the poorest starts for the industry in several years.
De Beers announces 2015 auction sales program for forward contract sales
The De Beers Group of Companies today (Wednesday) announced the 2015 Forward Contract Sales (FCS) program for its Auction Sales business.
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.
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.