Diamond Market Improves After Cautious 1Q

April 3, 2017

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NEW YORK–(BUSINESS WIRE)–Diamond trading improved in March, with better-than-expected Chinese demand at the Hong Kong show. Suppliers were willing to compromise on price in order to generate liquidity before new, better-quality polished production becomes available. The RapNet Diamond Index (RAPI™) for 1-carat polished diamonds edged up 0.1% in March and was down 1.1% during the first quarter. There was good demand for 0.30- to 0.49-carat diamonds, and the Hong Kong show was particularly posi

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