(IDEX Online News) – In April, the IDEX polished diamond price index saw a slight decline. The Index began the month at 120.17 and ended at 119.49.

 

The decline last month followed a similar one in March.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Outlook

There was relatively strong movement in the dealer market, with demand for polished stones rising in Asia. Among the positive factors increasing demand for polished goods was an announcement of record exports by the Swiss Watch Federation, particularly to Hong Kong.

 

There were solid sales by Alrosa and De Beers last month, indicating robust demand for rough goods and strong premiums. De Beers reported the sale of nearly double the amount of diamonds it mined in the first quarter of this year.

 

Read the full article here in IDEX Online Research.