De Beers’ rough diamond sales value for the third sight in 2016 was US$660 million, according to the company’s recent announcement.
The diamond giant said the reasonable positive environment for rough diamond demand was supported by the continued stability in polished diamond prices and sales of polished diamonds at wholesale.
“So far, 2016 has seen significant stronger rough diamond demand than that experienced at the end of 2015 as the actions taken by the industry continue to have a positive effect,” said De Beers Group’s chief executive Philippe Mellier.
Nevertheless, he pointed out that the industry is entering a period when traditionally rough diamond demand is lower.
De Beers’ second sight was valued at US$617 million.
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