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UK bank upgrades diamond prices on 'lingering deficits'

UK investment bank Liberum has forecast a 5% rise in diamond prices in 2021, pointing to what it sees as a lingering market deficit as supply remains weak in the wake of the pandemic.

UK bank upgrades diamond prices on 'lingering deficits' UK bank upgrades diamond prices on 'lingering deficits' UK bank upgrades diamond prices on 'lingering deficits' UK bank upgrades diamond prices on 'lingering deficits' UK bank upgrades diamond prices on 'lingering deficits'

Petra Diamonds' Williamson mine in Tanzania

Liberum's central forecast is for the global composite price to rise to US$182/ct in 2021, rising 2% per year thereafter.