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Diamond market to recover after rough year

A rise in rough diamond prices in January suggests the diamond market is poised for a rebound, consultancy Bain & Company said in a report released on Tuesday.

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The diamond market is set for a partial recovery in 2021

Bain believes the Chinese diamond jewellery retail market will recover in early 2021, with other developed countries reaching pre-pandemic levels of demand in 2022-2023.