I. Hennig Tenders to Host Polished Diamond Tender

I. Hennig Tenders is pleased to announce that it will be holding its upcoming International Polished Diamond Tender with viewings taking place in Israel September 3-7. The International Polished Diamond Tender will provide a terrific buying opportunity across the full range of polished goods including single stones and parcels. For further information please email info@ihennig-tenders.com.

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Buoyant Rough Markets

Global rough markets remain buoyant with trading being spurred by strong manufacturing demand in India. Tender sales continue to deliver decent results providing buyers with the ability to be selective in their purchasing which is a big advantage in the current market.

Antwerp market nervous of what the market will deliver post-holiday period although dealers are holding very little rough stock.

Manufacturing profits remain squeezed driving many manufacturers to buy polished on the market instead of tying up capital in the manufacturing process.

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Polished Markets Remain Flat

Polished markets remain flat with no apparent impetus of an upswing until the September show in Hong Kong. Reports back from the recent trade shows in Las Vegas and Hong Kong were mixed however all agree that polished markets remain a ‘buyer’s market’ presenting terrific buying opportunities.

VS and VVS Polished across the full spectrum of sizes remains soft and prices are expected to erode during the second half of the year as factory output is likely to exceed demand. More commercial goods are moving as Asian markets trade down to hit retail price points and compete with western markets for supply.

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