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De Beers Increases Prices of Large Diamonds
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De Beers Increases Prices of Large Diamonds
De Beers has raised prices of 5-carat and larger rough diamonds at this week’s sight in Botswana as manufacturers scramble to obtain the in-demand goods. The move reflects severe shortages of the rough at the miner and on the open market, since global production cuts have had a disproportionate impact on that range. The 2-carat and larger polished they produce is also the most sought-after size in the US market, especially in long fancy shapes. …
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