Chinese demand has slumped as competition from lab-grown alternatives has increased

NZ Herald

Auckland

New Zealand

De Beers amasses biggest diamond stockpile since 2008 financial crisis

De Beers Group has amassed its biggest stockpile of diamonds since the 2008 Global Financial Crisis, laying bare the group’s challenge in reviving demand for...

Media Bias/Fact Check

New Zealand Media and Entertainment

Fall in Chinese demand, competition with laboratory stones and the legacy of the pandemic left the world's largest diamond producer by revenue with inventory valued at around US$ 2 billion

Queda na demanda chinesa, concorrência com pedras de laboratório e legado da pandemia  deixaram o maior produtor mundial de diamantes por receita com inventário avaliado em cerca de US$ 2 bi

FT: De Beers acumula maior estoque de diamantes desde a crise financeira de 2008

Globo

Roberto Irineu Marinho

Brazil

FT: De Beers accumulates the largest stock of diamonds since the 2008 financial crisis

The company has seen gemstone inventory levels hover around $2 billion due to slumping demand

Ad Fontes Media

All Sides

Russia Today [🇷🇺-affiliated]

Government of Russia

State Media

Russia

De Beers sitting on colossal stockpile of diamonds it can’t sell – FT

Diamond experts told BI that consumers shouldn't have to chose between mined and lab diamonds.Dhiraj Singh/Bloomberg/Getty ImagesDe Beers has accumulated the biggest stockpile of diamonds since 2008, the Financial Times reported.Weak demand and rising competition from lab-grown products are weighing on the diamond titan.The firm is betting on a gradual market recovery next year.De Beers has built up its largest stockpile of diamonds since the Gr…

Business Insider

United States

De Beers builds up largest diamond stockpile since 2008 crisis as demand slumps, report says

De Beers Group has amassed its largest stockpile of diamonds since the 2008 financial crisis. And that is not a good sign for the market for precious stones.…De Beers warehouses are full: Why diamonds are no longer a girl's best friend (and not only) - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ

Η De Beers Group έχει συγκεντρώσει το μεγαλύτερο απόθεμα διαμαντιών της από την οικονομική κρίση του 2008.  Και αυτό δεν είναι καθόλου καλή ένδειξη για την αγορά των πολύτιμων λίθων.…Γέμισαν οι αποθήκες της De Beers: Γιατί έπαψαν τα διαμάντια να είναι οι καλύτεροι φίλοι των κοριτσιών (και όχι μόνο) - Η ΝΑΥΤΕΜΠΟΡΙΚΗ

Γέμισαν οι αποθήκες της De Beers: Γιατί έπαψαν τα διαμάντια να είναι οι καλύτεροι φίλοι των κοριτσιών (και όχι μόνο)

Naftemporiki

De Beers warehouses are full: Why diamonds are no longer a girl's best friend (and not only)

Financial Times

Nikkei Inc.

London

Greater London

England

United Kingdom

17:35 South African diamond company De Beers has built up its largest stockpile of diamonds since the 2008 financial crisis.

17:35 Het Zuid-Afrikaanse diamantbedrijf De Beers heeft zijn grootste voorraad diamanten opgebouwd sinds de financiële crisis van 2008.

De Beers kampt met enorme diamantvoorraad

De Tijd

Belgium

De Beers is struggling with huge diamond stockpile

The world's largest diamond producer, De Beers, has seen its diamond stockpile rise to the highest level since the 2008 financial crisis, driven by a sharp decline in demand from China, increased competition from synthetic diamonds, and a drop in marriage rates due to the Covid-19 pandemic.Chief...

The Standard

De Beers shimmers on top of stockpile

The precious stone market faces weak demand and rising competition De Beers Group has amassed its largest diamond stockpile since the 2008 financial crisis, reflecting ongoing challenges in the luxury gemstone market, the Financial Times reported on Wednesday, citing the company’s press office. The company, which dominates the $80 billion diamond jewelry industry, has seen […] The post De Beers sitting on colossal stockpile of diamonds it can’t …

ThePress United | International News Analysis, Viewpoint

De Beers sitting on colossal stockpile of diamonds it can’t sell – FT - The Press United | International News Analysis, Viewpoint

De Beers has accumulated its largest diamond stock since the 2008 financial crisis, which highlights the challenge the group faces in reviving demand...

De Beers ha acumulado su mayor reserva de diamantes desde la crisis financiera de 2008, lo que pone de manifiesto el desafío al que se enfrenta el grupo para reactivar la demanda...

De Beers amasses biggest diamond stockpile since 2008 financial crisis

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