Diamond Outlook 2021: Market poised for growth
Production decreases at mines around the globe, retail closures and fractured supply chains weighed heavily on the diamond sector in 2020. Declines in mine output were countered by a drop in sales, softening some of the impact. Demand fundamentals later improved during the second half of the year, though supply stayed depressed. Moving forward, the […]
Israel optimistic after heavy trading slump
Image: Polished goods in a case at the 2016 edition of International Diamond Week in Israel. (Shutterstock) Leaders of Israel’s diamond sector expressed confidence in a recovery after strong trading in the final months of last year offered hope that the worst of the coronavirus crisis was over. Israel’s final 2020 result — a […]