Glittering Stones News

DeBeers, the Diamond Cartel Syndicate has this well tuned down to a science. The Diamond Trading Company (DTC-DeBeers) stated its sight holders of an augment coming for its June 2007 sight.

Despite the predictable increase, sight holders stated they wait for the increase to be accompanied by a change in goods presented at the sight. Sight holders were not surprised by added to given the strong premiums in the market and the high demand for rough diamonds. "There's been strong demand particularly for the larger stones of 2 carats and up," said one diamond trader and sight holder.