The Conversation (0)
Mining Weekly reported that the demand for diamonds will increase this year as demand surpasses supply and no new discoveries emerge on the horizon.
Mining Weekly reported that the demand for diamonds will increase this year as demand surpasses supply and no new discoveries emerge on the horizon.
As quoted in the market news:
A boost in Internet sales of diamonds had also given the industry a new shine, with a steady increase in demand for global retail diamond jewellery. Schulman expected supply to be steady over the next few years.
Fusion Alternatives CEO Adam Schukman stated:
There’s no significant rise in production and that will affect diamond pricing.