30 August 2023
De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the seventh sales cycle of 2023. The provisional rough diamond sales figure quoted for Cycle 7 represents the expected sales value for the period 14 and 29 August and remains subject to adjustment based on final completed sales.
|
|
Cycle 7 2023 |
Cycle 6 2023 |
Cycle 7 2022 |
|
Sales value3($m) |
370 |
411 |
638 |
Al Cook, CEO, De Beers Group, said: “With the prevailing economic environment leading to softer end client demand for diamond jewellery in key consumer markets, and the traditionally lower levels of midstream trading during the summer period, Sightholders continued to take a prudent approach to their purchasing during the seventh sales cycle of the year.”