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De Beers diamond sales hit by India COVID crisis

India’s COVID-19 crisis has hampered diamond demand with De Beers posting a 16% drop in sales during May versus the previous month – suggesting the recent market recovery could be tapering off.

De Beers diamond sales hit by India COVID crisis De Beers diamond sales hit by India COVID crisis De Beers diamond sales hit by India COVID crisis De Beers diamond sales hit by India COVID crisis De Beers diamond sales hit by India COVID crisis

De Beers rough diamond sales fell 16% during its latest sales cycle

The value of rough diamond sales fell to US$380 million during Anglo American subsidiary De Beers' fourth sales cycle from May 3 to 18 - marking a 9% fall year-on-year.