Steve Feldman shares wisdom from more than 45 years in sales and marketing.
1-carat RAPI up 0.2% in February.
1-carat RAPI up 0.2% in February.
Steve Feldman shares wisdom from more than 45 years in sales and marketing.
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Market Comment – Feb. 27, 2025
De Beers and Botswana sign 10-year sales agreement with possible five-year extension. Deal reflects growing power of producer countries: Okavango to sell 30% of Debswana goods for first five years, 40% for next five years, 50% after 10 years.
De Beers holds prices steady at Feb. sight, with shortages of 5 ct. and larger goods. Rough sentiment improving. Polished prices stable in select categories, supported by inventory declines.
US wholesalers struggling to find the right items.
Low expectations for diamond trading at Hong Kong shows (Mar. 2-8) amid weak Chinese demand.
EU postpones mandatory traceability mechanism for Russia sanctions to Jan. 1, 2026.