Industry News

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.