Uncertainty after Las Vegas Show Slows Mumbai Market
June 09, 11If it was indeed Indian dealers who bought polished strongly at
Details of the buying at the trade show will only become clear next week. That’s when dealers will know whether any significant quantities of polished will come onto the market or not. Dealers are being cautious in the interim.
The slowdown has meant that some inventories are now available for those shopping around for goods, but polished prices have, however, showed no signs of softening. Monday is also the beginning of the DTC Sight week and the buzz in the Mumbai market is that rough prices are going to go up once again.