Alrosa Price Hikes, Better Polished Prices, Drive Higher DTC Premiums
December 19, 10De Beers' Diamond Trading Company (DTC) is today the best priced source of rough diamonds - there was no price hike in this Sight - and given the higher prices from other suppliers, Indian manufacturers are willing to pay extra for DTC goods, these sources said.
While many in the industry think that polished prices will soften by March next year as more production comes on stream by February and demand goes through its seasonal fade, others say that apart from some corrections in overheated areas, polished prices might well remain strong.