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Diamond Industry Dragged Into Slump as China Demand Ebbs Away

  • Traders face a `catastrophe' as De Beers prices seen too high
  • Inventories build in China as anti-graft crackdown bites

The China-fueled commodity slump that has torn through the world’s biggest raw-materials markets from iron ore to copper is now hitting the diamond industry. That’s bad news for Anglo American Plc.

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