Jewellery brand De Beers records sharp fall in rough diamond sales as slowdown bites

摘要

Global diamond merchant De Beers has seen a significant fall in the sale of rough diamonds in the global market, hit by a challenging trade environment amidst escalating US-China tariff tensions and a widespread consumer slowdown in several markets, including India. The company announced its financial results for the first half of the year this week, disclosing a 21 per cent decline in rough diamond sales during the period at $2.3 billion from $2.9 billion and a 13 per cent decline in volume terms.