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Bain Predicts Diamond Shortage

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Bloomberg reported Bain & Co. said the diamond jewelry industry may face a shortage on increased demand from China and India.

Bloomberg reported Bain & Co. said  the diamond jewelry industry may face a shortage on increased demand from China and India.

As quoted in the market news:

Diamond demand in carats will rise more than 6 percent a year until 2020, outpacing the 2.8 percent annual growth in supply, Bain said today in a report for the Antwerp World Diamond Centre. Production will reach almost 175 million carats by then, exceeding the peak reached in 2007.

Click here to read the full Bloomberg report.

chinadiamond demandindiajewelryDiamond Investing
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