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Webinar: Understanding the impact of COVID-19

The recent declines in diamond trading and pricing follow a rise in supply and a severe drop in demand, Rapaport Senior Analyst Avi Krawitz explained in a webinar last week. The presentation, titled “Understanding the Impact of the Coronavirus on the Diamond Market,” highlights some of the ways the pandemic is changing the trade, along […]

Is diamond era nearing its sunset?

Outwardly, mining companies comment on the decline in the global demand with Olympian calmness: there are temporary issues with the distribution of the excess supply formed in the market earlier, shortage of lending to the industry, slowdown of the Chinese economy, trade war between the USA and China, etc. In short, everything is temporary, comes […]