At the very least, the intention for manufacturers is to maintain the wheels turning at round 60 per cent of full capacity for now. The fact of the matter is that pure rough diamond production is too high compared to what the market can readily take in. The commerce became more and more anxious about extreme polished shares impacting middle-market liquidity, which in turn weakened rough demand and prices.
- Friday’s Dhanteras mahurat heralds the five-day festival of Diwali, the biggest celebration of the Hindu almanac.
- Here, all the best reasonably priced jewelry brands that we frequently store ourselves and have earned our stamp of approval.
- The assortment pays homage to the wealthy heritage of temple-style motifs and iconic imagery of Lord Ram.
- The Gem and Jewellery Export Promotion Council attributes the decline to supply disruptions and a voluntary halt in rough diamond imports due to geopolitical issues.
- Through this dynamic