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Mixed messages for diamond sector

After a very strong recovery following an industry-wide inventory buildup in 2014-2015 and again after India’s demonetisation in late-2016, the diamond industry’s momentum has begun to stall, or perhaps normalise is the proper verbiage.

Mixed messages for diamond sector Mixed messages for diamond sector Mixed messages for diamond sector Mixed messages for diamond sector Mixed messages for diamond sector

Gahcho Kué (pictured) and Renard, in Canada, have both got off to a disappointing production start (photo: DPA)

Here we are a little more than half way through 2017, and industry fundamentals are not necessarily negative, but signals are mixed with a subdued tone.