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In its weekly report, Rapaport said that attendees of De Beers’ October sight were frustrated due to a lack of “profitability or liquidity in the rough market.” About 15 percent of goods, worth $86 million, were left on the table.
In its weekly report, Rapaport said that attendees of De Beers’ October sight were frustrated due to a lack of “profitability or liquidity in the rough market.” About 15 percent of goods, worth $86 million, were left on the table.
As quoted in the market news:
‘People are still frustrated,’ an Antwerp-based sightholder told Rapaport News. ‘There’s no liquidity in the market and there’s no profit margin in dealing or manufacturing De Beers rough at the moment.’