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Polished diamonds see price drop of 15%
The Business Guardian
|October 19, 2023
The export of cut and polished diamonds from India is expected to decline by 22% to $17.2 billion in the current fiscal year due to weakened demand from key consuming nations, as reported by rating agency Icra.
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In the first five months of the current fiscal year, cut and polished diamond exports experienced a significant year-on-year drop of 31%, driven by lower export volumes and higher polished diamond prices.
Dit verhaal komt uit de October 19, 2023-editie van The Business Guardian.
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