De Beers sees 2011 diamond price growth shy of 2010

Reuters.com reports that, while De Beers expects diamond prices to rise, they will not be as robust as in 2010.

The story is quoted as saying:

“We believe 2011 is going to be a solid year. We don’t think it’s going to be as good a year as 2010 … because in 2010 you had all the restocking by the American retailers,” Varda Shine told Reuters in an exclusive interview.

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