De Beers lowers pricing due to low demand.

De Beers has cut the price of larger rough diamonds at this week’s sight and increased flexibility as the weak market continues to impact producers.

The miner reduced prices for many 2-carat and greater categories, as well as some 1- to 1.5-carat goods.The reductions ranged from 5% to 10%, with the emphasis on lower-quality items that have suffered the most in the recent slump.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top