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The diamond industry is set for a big year in 2017, with a whole host of new suppliers coming onto the market and shaking up the rough sector. Richard Hatch of RBC Capital Markets calls it “the year of delivery”.
Will demand from the midstream diamond sector come back in 2017? (photo: Andere Andre)
This new supply is coming into an increasingly uncertain market, though; one where there are question marks over Asian demand after a poor 2016, China is seeking to control outbound capital, the US
Demand is muted, with no sign of seasonal rebound yet
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