Photographer: Andrey Rudakov/Bloomberg

Diamond Prices to Take a Year to Recover Due to Large Stockpiles

  • Rough-diamond inventories total 20 million carats: Liberum
  • De Beers said Tuesday that demand is starting to improve

Rough-diamond prices will probably take at least another year to recover because the biggest producers are sitting on large stockpiles and demand in markets such as China remains subdued.

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